1 Bedroom Apartments for Rent in Lake Preston, SD (40 Rentals)

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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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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.

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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.

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Woodland Park - Ivanhoe
1 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
Senior Living
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Cathedral Square II
1 Bedroom Apartments

Cathedral Square II

500 N Langdon StMitchell, SD 57301
Senior Living
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Greenridge Apartments
1 Bedroom Apartments

Greenridge Apartments

1500 N Kimball StMitchell, SD 57301
Senior Living
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Parkside Place
1 Bedroom Apartments

Parkside Place

8 2nd St NEWatertown, SD 57201
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Archer Flats
1 Bedroom Apartments

Archer Flats

2308 14th Ave NEWatertown, SD 57201
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Showing Results 1-40, Page 1 of 1

Lake Preston, SD Local Guide

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. University Hills Village has the second largest 1 Bedroom, which is sized at 829 square feet and currently listed start at $1,050. Here is today’s list of the largest available 1 Bedroom units in Lake Preston:

Apartment ListingModel NameSquare FootagePriced From
West Oaks Estates1 Bedroom925 Sq Ft$999
University Hills VillageOne Bedroom - 829 sqft829 Sq Ft$1,050
Forte of Brookings: 50+ Community!Mallard779 Sq Ft$1,390
The Brixx Villas1 Bedroom, 1 Bathroom772 Sq Ft$1,080
Trails HeadJuniper762 Sq Ft$1,275
Marion Crossing Apartments1 Bed 1 Bath Apartment738 Sq Ft$910
Edgerton PlaceEdgerton Place Phase II - 1 Bed 1 Bath719 Sq Ft$1,005
Generations on 1st1BR/1.0BA712 Sq Ft$1,010
1009 Southland Ln1 Bed 1 Bath670 Sq Ft$965
The Brixx 2 ApartmentsOne Bed, One Bath C 2nd & 3rd Floor660 Sq Ft$935

Cheapest Available Lake Preston and Nearby 1 Bedroom Apartments

As of July 29, 2025 the lowest priced 1 Bedroom apartment unit in Lake Preston, SD is the 1 Bedroom Model starting from $820 at Lake Area Townhomes . The second most affordable Lake Preston 1 Bedroom is the 1 Bed 1 Bath Apartment Model at Maple Pass Apartments & Townhomes starting at $845 . The average price for all 1 Bedroom apartments in Lake Preston is currently $1,129. Here is today’s list of the cheapest available 1 Bedroom options in Lake Preston:

Apartment ListingModel NamePriced From
Lake Area Townhomes1 Bedroom$820
Maple Pass Apartments & Townhomes1 Bed 1 Bath Apartment$845
Southland Court1 Bed - B$885
Marion Crossing Apartments1 Bed 1 Bath Apartment$910
University Hills VillageOne Bedroom - 708 sqft$925
The Brixx 2 ApartmentsOne Bed, One Bath C 2nd & 3rd Floor$935
1009 Southland Ln1 Bed 1 Bath$965
Yukon at Benson1 Bedroom 1 Bathroom$995
West Oaks Estates1 Bedroom$999
Edgerton PlaceEdgerton Place Phase II - 1 Bed 1 Bath$1,005

Quick Rent Budget Calculator

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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:
Location, Location, Location!

Explore Lake Preston, SD Rentals by Map

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Getting Around Lake Preston, SD

Walk Score®

22 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Lake Area Townhomes listed at $820.

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 $1,129.

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 850 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.