2 Bedroom Apartments for Rent in Lake Preston, SD (59 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
Eastside Townhomes
2 Bedroom Apartments

Eastside Townhomes

732 4th St SELake Preston, SD 57249
  • Utilities Included

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Read Article

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.

Read Article

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.

Read Article

Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

Read Article
close
View Me
Copper Flats
2 Bedroom Apartments

Copper Flats

2415 S Capital StMitchell, SD 57301
close
View Me
1009 Southland Ln
2 Bedroom Apartments

1009 Southland Ln

1009 Southland LnBrookings, SD 57006
  • Utilities Included
close
View Me
Quail View - 55+
2 Bedroom Apartments

Quail View - 55+

1400 W 21st AveMitchell, SD 57301
Senior Living

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
Showing Results 1-50, Page 1 of 2

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 100 W 10th St and is 1,500 square feet priced from $1,250. University Hills Village has the second largest 2 Bedroom, which is sized at 1,350 square feet and currently listed start at $1,495. Here is today’s list of the largest available 2 Bedroom units in Lake Preston:

Apartment ListingModel NameSquare FootagePriced From
100 W 10th St1,500 Sq Ft$1,250
University Hills VillageUnit B1,350 Sq Ft$1,495
Lake Area Townhomes2 Bedroom1,195 Sq Ft$1,285
Marion Crossing Apartments2 Bed 2 Bath Apartment1,149 Sq Ft$1,150
Generations on 1st2BR/2.0BA1,116 Sq Ft$1,580
Yukon at Benson2 Bedroom 1.5 Bathroom1,113 Sq Ft$1,595
Trails HeadTwo Bedroom + Den Townhome1,070 Sq Ft$1,915
Wilmot Estates2 Bedroom 2 Bathroom Apartment1,020 Sq Ft$1,365
Wilkeshire ApartmentsAshford1,008 Sq Ft$1,200
Sioux Village2 Bedroom849 Sq Ft$1,385

Cheapest Available Lake Preston and Nearby 2 Bedroom Apartments

As of June 12, 2026 the lowest priced 2 Bedroom apartment unit in Lake Preston, SD is the 2 Beds, 2 baths Model starting from $545 at Mary's Heights Apartments . The second most affordable Lake Preston 2 Bedroom is the 2 Bedroom 2 Bathroom Model at Thelin Center starting at $1,130 in the Northwest Sioux Falls neighborhood. The average price for all 2 Bedroom apartments in Lake Preston is currently $1,440. Here is today’s list of the cheapest available 2 Bedroom options in Lake Preston:

Apartment ListingModel NamePriced From
Mary's Heights Apartments2 Beds, 2 baths$545
Thelin Center2 Bedroom 2 Bathroom$1,130
Marion Crossing Apartments2 Bed 2 Bath Apartment$1,150
Wilkeshire ApartmentsAshford$1,200
Lake Area Townhomes2 Bedroom$1,285
Wilmot Estates2 Bedroom 1 Bathroom Apartment$1,295
The Oaks2 Bedroom$1,331
Washington Flats2 Bedroom$1,350
Sioux Village2 Bedroom$1,385
University Hills VillageV5 Unit (ADA) - 2 BD/1 BA - Non-Smoking$1,445

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Lake Preston, SD Rentals by Map

Decorative image of map

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

View Map
Lake Preston, SD Apartments Map
View Map
Lake Preston, SD Rental Homes Map

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 Mary's Heights Apartments listed at $545.

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 $1,440.

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 1,500 square feet unit starting from $1,250 at 100 W 10th St.

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 1,023 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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.