
Cheap Apartments for Rent in Lake Norden, SD from $400 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Norden.


412 5th Ave

SoDak Townhomes

Mary's Heights Apartments

Egan Avenue Residence

Innovation Village

Lake Area Townhomes

The Oaks
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.

Lofts at Park Hill

Wheatgrass Village I

Forte of Brookings: 50+ Community!

Parkview Apartments and Townhomes

Wilmot Estates Apartments

Wilkeshire Apartments

Latitude 44

Paragon
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.

Trails Head

Sweetgrass Crossing

Sioux Village

SunHill Bryant

Campus View

811 7th St, Unit 2

The Lofts

725 6th Ave S, Unit 13
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.

Washington Flats

Generations on 1st

The Plains Apartments

Marketplace Apartments

Reserve Flats

110 W 10th St

100 W 10th St

513 Elm Ave, Unit 108
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.

WestSide Apartments

Morning Sun Apartments

Woodland Park - Ivanhoe

Home Rite Apartments

Heritage High Apartments

1301 John Deere Cir

Southland Court

Archer Flats
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1009 Southland Ln

Parkside Place

105 Carly Dr
Lake Norden, SD Local Guide

How much does it cost to rent an apartment in Lake Norden?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Norden Studio Apartments | $994 | $815 | $1,155 |
| Lake Norden 1 Bedroom Apartments | $1,253 | $455 | $1,980 |
| Lake Norden 2 Bedroom Apartments | $1,473 | $545 | $2,100 |
| Lake Norden 3 Bedroom Apartments | $1,516 | $800 | $1,840 |
| Lake Norden 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Top Apartments in Lake Norden
See all Apartments in Lake NordenExplore Lake Norden
Lake Norden, SD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Egan Avenue Residence has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Lake Norden apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mary's Heights Apartments | 1 Bed, 1 bath | 1BR,1BA | $455 |
| Egan Avenue Residence | Bedroom C | 1BR,1BA | $645 |
| Parkview Apartments and Townhomes | 2 bedroom apartment | 2BR,1BA | $935 |
| Latitude 44 | The Cove | Studio,1BA | $955 |
| Paragon | The Vista | Studio,1BA | $960 |
| Trails Head | Driftwood | Studio,1BA | $960 |
| Sweetgrass Crossing | June | Studio,1BA | $990 |
| Wilkeshire Apartments | Kent | 1BR,1BA | $995 |
| The Lofts | A | 1BR,1BA | $1,005 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1,055 |
Best Value Apartments for Rent in Lake Norden, SD and Nearby
As of July 14, 2026 the best value apartment in the Lake Norden area is the $0.89 price per square foot 3 Bedroom Townhome Model at Wheatgrass Village I in the starting from $1,465. The second greatest value Lake Norden apartment is the 3 Bedroom Model at Lake Area Townhomes starting at $1,535 with a $0.99 price per square foot . Here is today’s list of the best values for Lake Norden apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wheatgrass Village I | 3 Bedroom Townhome | 3BR,2.5BA | $0.89 |
| Lake Area Townhomes | 3 Bedroom | 3BR,2.5BA | $0.99 |
| Innovation Village | Voyager H | 3BR,2BA | $1.27 |
| Mary's Heights Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.60 |
| Campus View | 4 Bed + 2 Bath | 4BR,2BA | $1.22 |
| 100 W 10th St | 2x1.5 | 2BR,1.5BA | $1.09 |
| SunHill Lake Norden | 3 Beds, 1 bath | 3BR,1BA | $1.18 |
| Wilkeshire Apartments | Kent | 1BR,1BA | $1.12 |
| Parkview Apartments and Townhomes | 2 bedroom apartment | 2BR,1BA | $1.20 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.46 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Norden, SD Rentals by Map
See the most popular apartments and homes in Lake Norden, SD
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 Latitude 44 listed at $955.
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 $800.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.