Cheap Apartments for Rent in Lake Norden, SD from $400 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Norden.

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502 Main
Studio to 1 Bedroom Apartments

502 Main

502 Main StLake Norden, SD 57248
  • Utilities Included
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412 5th Ave
2 to 3 Bedroom Apartments

412 5th Ave

402-412 5th AveLake Norden, SD 57248
  • Utilities Included
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SoDak Townhomes
2 to 3 Bedroom Apartments

SoDak Townhomes

701 2nd Ave SLake Norden, SD 57248
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 625 14th Ave

$900 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,200
Total Monthly Price
$900 - $1,200

2 To 3 Bedroom Homes for Rent

Available Jun 1

625 14th Ave

BrookingsSD57006

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 116 S Sherwood St

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

3 Bedroom, 1 Bath Home for Rent

Available Now

116 S Sherwood St

IvanhoeMN56142

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 514 4th Ave N

$1,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

3 Bedroom, 1 Bath Townhome for Rent

Available May 1

514 4th Ave N

EdgertonMN56128
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Woodland Park - Ivanhoe
1 to 2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
  • Utilities Included
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Home Rite Apartments
1 to 2 Bedroom Apartments

Home Rite Apartments

126 1st St SEOrtonville, MN 56278
  • Utilities Included
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Southland Court
Studio to 2 Bedroom Apartments

Southland Court

818 Southland LnBrookings, SD 57006
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1009 Southland Ln
1 to 2 Bedroom Apartments

1009 Southland Ln

1009 Southland LnBrookings, SD 57006
  • Utilities Included
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Parkside Place
1 Bedroom Apartments

Parkside Place

8 2nd St NEWatertown, SD 57201
  • Utilities Included
Showing Results 1-35, Page 1 of 1

Lake Norden, SD Local Guide

Cheapest Available Lake Norden Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Norden, SD is a 1 Bed unit found at Mary's Heights Apartments priced from $455. Lake Area Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Lake Norden apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary's Heights Apartments1 Bed, 1 bath1BR,1BA$455
Lake Area Townhomes1 Bedroom1BR,1BA$845
Trails HeadDriftwoodStudio,1BA$890
ParagonThe VistaStudio,1BA$925
Latitude 44The CoveStudio,1BA$955
Sioux VillageStudioStudio,1BA$995
SunHill2 Bedroom2BR,1BA$1,000
Wilkeshire ApartmentsFairview2BR,1BA$1,025
The Oaks1 Bedroom1BR,1BA$1,050
Wilmot Estates Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$1,050

Best Value Apartments for Rent in Lake Norden, SD and Nearby

As of April 13, 2026 the best value apartment in the Lake Norden area is the $0.98 price per square foot 2 Bedroom PIIB Model at Lake Area Townhomes in the starting from $1,580. The second greatest value Lake Norden apartment is the 3x2 Model at 100 W 10th St starting at $1,650 with a $1.03 price per square foot . Here is today’s list of the best values for Lake Norden apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lake Area Townhomes2 Bedroom PIIB2BR,2BA$0.98
100 W 10th St3x23BR,2BA$1.03
1501 N Grove Pl3Bed,2.5Bath3BR,2.5BA$1.13
Mary's Heights Apartments3 Beds, 2 baths3BR,2BA$0.65
Innovation VillageEnterprise E2BR,2BA$1.26
The Plains Apartments1635 - 2A2BR,2BA$1.28
Generations on 1st2BR/2.0BA2BR,2BA$1.42
SunHill2 Bedroom2BR,1BA$1.48
The Oaks1 Bedroom1BR,1BA$1.70
Wilmot Estates Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$1.69

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
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Explore Lake Norden, SD Rentals by Map

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Frequently Asked Questions about Cheap Lake Norden Apartments

What is the Cheapest Studio apartment in Lake Norden?

Currently the most affordable Cheap Studio Apartment in Lake Norden is at Trails Head listed at $890.

How much is rent for a Cheap One Bedroom Lake Norden Apartment?

The lowest price for a Cheap One Bedroom Lake Norden Apartment is $455 at Mary's Heights Apartments.

What is the lowest price for a Cheap Two Bedroom Lake Norden Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Norden is starting from $545 at Mary's Heights Apartments.

What is the most affordable Lake Norden Three Bedroom Apartment?

The best deal on a cheap Lake Norden Three Bedroom Apartment rental is at Mary's Heights Apartments and starts from $870.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.