Cheap Apartments for Rent in Lake Norden, SD from $400 (33 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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Woodland Park - Ivanhoe
1 to 2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
  • Utilities Included

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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Home Rite Apartments
1 to 2 Bedroom Apartments

Home Rite Apartments

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

Southland Court

818 Southland LnBrookings, SD 57006
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1009 Southland Ln
1 to 2 Bedroom Apartments

1009 Southland Ln

1009 Southland LnBrookings, SD 57006
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Parkside Place
1 Bedroom Apartments

Parkside Place

8 2nd St NEWatertown, SD 57201
  • Utilities Included

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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Showing Results 1-33, 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. 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 ListingModel NameBed/BathPriced From
Mary's Heights Apartments1 Bed, 1 bath1BR,1BA$455
Egan Avenue ResidenceBedroom C1BR,1BA$645
Archer FlatsEfficiencyStudio,1BA$925
Latitude 44The CoveStudio,1BA$955
Trails HeadDriftwoodStudio,1BA$960
Washington FlatsStudioStudio,1BA$1,050
Generations on 1st1BR/1.0BA1BR,1BA$1,055
Wilmot Estates Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$1,075
Lofts at Park Hill1 Bed - F1BR,1BA$1,130
WestSide Apartments1 Bedroom Floorplan1BR,1BA$1,200

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

As of May 29, 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 3x2 Model at 100 W 10th St starting at $1,595 with a $1.00 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.
Wheatgrass Village I3 Bedroom Townhome3BR,2.5BA$0.89
100 W 10th St3x23BR,2BA$1.00
110 W 10th StModel B3BR,2BA$1.19
Mary's Heights Apartments3 Beds, 2 baths3BR,2BA$0.60
Lake Area Townhomes2 Bedroom2BR,2.5BA$1.03
SunHill Lake Norden3 Beds, 1 bath3BR,1BA$1.18
Reserve Flats3 Bed 2 Bath3BR,2BA$1.72
The Oaks2 Bedroom2BR,2BA$1.46
Forte of Brookings: 50+ Community!Sparrow2BR,1BA$1.73
Generations on 1st1BR/1.0BA1BR,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.

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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Norden, SD Rentals by Map

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See the most popular apartments and homes in Lake Norden, SD

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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 Archer Flats listed at $925.

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.