
1 Bedroom Apartments for Rent in Lake Preston, SD (50 Rentals)


Forte of Brookings: 50+ Community!

Sweetgrass Crossing

Marion Crossing Apartments

The Brixx 2 Apartments

University Hills Village

The Brixx Villas

Wilmot Estates Apartments

Yukon at Benson

Flats on Havens
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.

Reserve Flats

Edgerton Place

Generations on 1st

Sioux Village

Wilkeshire Apartments

Trails Head

The Plains Apartments

Thelin Center

Marketplace Apartments

Archer Flats
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Maple Pass Apartments and Townhomes in Hartford, SD

Wheatgrass Village I

Lake Area Townhomes

Paragon

West Oaks Estates

The Lofts

Wheatridge Apartments

Latitude 44

Innovation Village

Lofts at Willow Creek
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

One & Two Willow Creek

407 N Covell Ave

304 N Main St

400 N Main St

9300 W 32nd St

813 N Sanborn Blvd

Woodland Park - Ivanhoe

Greenridge Apartments

Cathedral Square II

Copper Flats

Southland Court

1009 Southland Ln

Parkside Place

University Hills Village - UHV Building 4

University Hill Village - UHV Building 2

Golden Prairie

Heritage High Apartments

Pheasant Ridge Village Apartments

907 5th St S

629 11th Ave
Lake Preston, SD Local Guide

How much does it cost to rent an apartment in Lake Preston?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Preston Studio Apartments | $924 | $695 | $2,393 |
| Lake Preston 1 Bedroom Apartments | $1,162 | $836 | $2,676 |
| Lake Preston 2 Bedroom Apartments | $1,425 | $995 | $2,696 |
| Lake Preston 3 Bedroom Apartments | $1,708 | $1,285 | $2,100 |
Browse Top Apartments in Lake Preston
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Lake Preston, SD Local Guide
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Largest Available Lake Preston and Nearby 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in Lake Preston, SD is found at West Oaks Estates and is 925 square feet priced from $999. Archer Flats has the second largest 1 Bedroom, which is sized at 865 square feet and currently listed start at $1,550. Here is today’s list of the largest available 1 Bedroom units in Lake Preston:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| West Oaks Estates | 1 bdr/ 1 bath | 925 Sq Ft | $999 |
| Archer Flats | 2 Bedroom Townhomes | 865 Sq Ft | $1,550 |
| University Hills Village | Lg One Bedroom - 829 sqft | 829 Sq Ft | $1,050 |
| Paragon | The Skyline | 810 Sq Ft | $1,500 |
| Latitude 44 | The Oasis | 806 Sq Ft | $1,390 |
| Marketplace Apartments | C | 787 Sq Ft | $1,135 |
| Thelin Center | 1 Bedroom 1 Bathroom | 771 Sq Ft | $955 |
| Wheatridge Apartments | Tallgrass | 760 Sq Ft | $865 |
| Edgerton Place | Edgerton Place Phase II - 1 Bed 1 Bath | 719 Sq Ft | $1,015 |
| Generations on 1st | 1BR/1.0BA | 712 Sq Ft | $1,055 |
Cheapest Available Lake Preston and Nearby 1 Bedroom Apartments
As of January 22, 2026 the lowest priced 1 Bedroom apartment unit in Lake Preston, SD is the 1 Bed 1 Bath Model starting from $840 at Wheatgrass Village I . The second most affordable Lake Preston 1 Bedroom is the Tallgrass Model at Wheatridge Apartments starting at $865 . The average price for all 1 Bedroom apartments in Lake Preston is currently $1,162. Here is today’s list of the cheapest available 1 Bedroom options in Lake Preston:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Wheatgrass Village I | 1 Bed 1 Bath | $840 |
| Wheatridge Apartments | Tallgrass | $865 |
| Maple Pass Apartments and Townhomes in Hartford, SD | 1 Bedroom, 1 Bath Apartments | $895 |
| University Hills Village | One Bedroom - 676 sqft | $895 |
| Edgerton Place | Edgerton Place Phase I - 1 Bed 1 Bath | $935 |
| Thelin Center | 1 Bedroom 1 Bathroom | $955 |
| Yukon at Benson | 1 Bedroom 1 Bathroom | $995 |
| Archer Flats | 1 Bedroom | $995 |
| Marketplace Apartments | A | $995 |
| West Oaks Estates | 1 bdr/ 1 bath | $999 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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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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 Preston, SD Rentals by Map
See the most popular apartments and homes in Lake Preston, SD
Frequently Asked Questions about 1 Bedroom Lake Preston Apartments
What is the Cheapest apartment in Lake Preston with 1 Bedroom?
Currently the most affordable 1 Bedroom in Lake Preston is at Wheatgrass Village I listed at $840.
How much is the average rent for a 1 Bedroom Lake Preston Apartment?
The average rent for a 1 Bedroom Apartment in Lake Preston is $1,162.
What is the largest available 1 Bedroom Lake Preston Apartment for rent?
Today's apartment with the most square footage in Lake Preston is a 925 square feet unit starting from $999 at West Oaks Estates.
What is the average size for Lake Preston 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Lake Preston is currently 608 sq ft.
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

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.