2 Bedroom Apartments for Rent in Lake Preston, SD (54 Rentals)

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Eastside Townhomes
2 Bedroom Apartments

Eastside Townhomes

732 4th St SELake Preston, SD 57249
  • 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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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
2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
Senior Living
  • Utilities Included
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907 5th St S
2 Bedroom Apartments

907 5th St S

907 5th St SBrookings, SD 57006
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Lake Preston, SD Local Guide

Largest Available Lake Preston and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Lake Preston, SD is found at University Hills Village and is 1,280 square feet priced from $1,750. The Plains Apartments has the second largest 2 Bedroom, which is sized at 1,214 square feet and currently listed start at $1,625. Here is today’s list of the largest available 2 Bedroom units in Lake Preston:

Apartment ListingModel NameSquare FootagePriced From
University Hills VillageNEW Two Bedroom - 1,280 sqft1,280 Sq Ft$1,750
The Plains Apartments1629 - 2B1,214 Sq Ft$1,625
Lake Area Townhomes2 Bedroom1,195 Sq Ft$1,250
Trails HeadOverlook1,156 Sq Ft$1,710
105 Carly Dr2 Bed1,155 Sq Ft$1,425
West Oaks Estates2 Bedroom1,080 Sq Ft$899
Marketplace Apartments2BR/2.0BA1,059 Sq Ft$1,450
Edgerton PlaceEdgerton Place Phase II - 2 Bed 2 Bath1,008 Sq Ft$1,205
Forte of Brookings: 50+ Community!Wren1,002 Sq Ft$1,690
Sioux Village2 Bedroom849 Sq Ft$1,385

Cheapest Available Lake Preston and Nearby 2 Bedroom Apartments

As of July 29, 2025 the lowest priced 2 Bedroom apartment unit in Lake Preston, SD is the 2 Bedroom 2 Bathroom Model starting from $621 at Copper Flats . The second most affordable Lake Preston 2 Bedroom is the 2 Bedroom Model at West Oaks Estates starting at $899 . The average price for all 2 Bedroom apartments in Lake Preston is currently $1,477. Here is today’s list of the cheapest available 2 Bedroom options in Lake Preston:

Apartment ListingModel NamePriced From
Copper Flats2 Bedroom 2 Bathroom$621
West Oaks Estates2 Bedroom$899
Maple Pass Apartments & Townhomes2 Bed 1 Bath Apartment$960
Wheatgrass Village I2X - 906$990
Thelin Center2 Bedroom 2 Bathroom$995
Southland Court2 Bed - B$1,005
Edgerton PlaceEdgerton Plase Phase I - 2 Bed 1 Bath$1,075
1009 Southland Ln2 Bed 2 Bath - Small$1,140
Yukon at Benson2 Bedroom 2 Bathroom$1,195
Lake Area Townhomes2 Bedroom$1,250

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 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 2 Bedroom Lake Preston Apartments

What is the Cheapest apartment in Lake Preston with 2 Bedroom?

Currently the most affordable 2 Bedroom in Lake Preston is at Copper Flats listed at $621.

How much is the average rent for a 2 Bedroom Lake Preston Apartment?

The average rent for a 2 Bedroom Apartment in Lake Preston is $1,477.

What is the largest available 2 Bedroom Lake Preston Apartment for rent?

Today's apartment with the most square footage in Lake Preston is a 1,280 square feet unit starting from $1,750 at University Hills Village.

What is the average size for Lake Preston 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Lake Preston is currently 1,002 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.