
3 Bedroom Apartments for Rent in Lake Preston, SD (44 Rentals)


The Brixx

Yukon at Benson

Mary's Heights Apartments

Reserve Flats

The Plains Apartments

Sioux Village

Thelin Center
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

SunHill Bryant

SunHill Lake Norden

Wheatgrass Village I

Maple Pass Apartments & Townhomes

Parkview Apartments and Townhomes

Campus View

Wheatridge Apartments & Townhomes

Onaka Village
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.

Lake Area Townhomes

Innovation Village

623 E Hanson Ave

515 E Hanson Ave

509 E 1st Ave

901 N Garfield Ave

1528 W 10th St

131 13th St SW
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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.

401 W 11th Ave

933 E 5th Ave

1317 W 9th St

5400 W 44th St

1108 N Dakota Ave

9509 W Gert St

1538 Ohana Ave

422 S Lincoln Ave
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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.

5101 W Cushman St

42673 US-212

2217 Overlook Ridge Ct

Cloverfield Townhomes

2021-2023 Lucerne Ave

Copper Flats

Pheasant Ridge Village Apartments

Fifth Street Apartments & Townhouses
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.

1501 N Grove Pl

2226 Lucerne Ave

Golden Prairie

Ucity Townhomes
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 | $955 | $840 | $1,190 |
| Lake Preston 1 Bedroom Apartments | $1,187 | $455 | $2,030 |
| Lake Preston 2 Bedroom Apartments | $1,402 | $545 | $2,100 |
| Lake Preston 3 Bedroom Apartments | $1,660 | $800 | $1,975 |
| Lake Preston 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
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 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Lake Preston, SD is found at Wheatgrass Village I and is 1,640 square feet priced from $1,465. Lake Area Townhomes has the second largest 3 Bedroom, which is sized at 1,545 square feet and currently listed start at $1,535. Here is today’s list of the largest available 3 Bedroom units in Lake Preston:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Wheatgrass Village I | 3 Bedroom Townhome | 1,640 Sq Ft | $1,465 |
| Lake Area Townhomes | 3 Bedroom | 1,545 Sq Ft | $1,535 |
| Mary's Heights Apartments | 3 Beds, 2 baths | 1,329 Sq Ft | $800 |
| Yukon at Benson | 3 Bedroom 2.5 Bathroom | 1,322 Sq Ft | $1,750 |
| Wheatridge Apartments & Townhomes | 3B/2B Townhome | 1,196 Sq Ft | $1,975 |
| Parkview Apartments and Townhomes | 3 bedroom townhouse | 1,138 Sq Ft | $1,095 |
| SunHill Lake Norden | 3 bed + 1 Bath | 1,050 Sq Ft | $1,300 |
| Reserve Flats | 3 Bed 2 Bath | 969 Sq Ft | $1,670 |
Cheapest Available Lake Preston and Nearby 3 Bedroom Apartments
As of July 27, 2026 the lowest priced 3 Bedroom apartment unit in Lake Preston, SD is the 3 Beds, 2 baths Model starting from $800 at Mary's Heights Apartments . The second most affordable Lake Preston 3 Bedroom is the 3 bedroom townhouse Model at Parkview Apartments and Townhomes starting at $1,095 . The average price for all 3 Bedroom apartments in Lake Preston is currently $1,660. Here is today’s list of the cheapest available 3 Bedroom options in Lake Preston:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Mary's Heights Apartments | 3 Beds, 2 baths | $800 |
| Parkview Apartments and Townhomes | 3 bedroom townhouse | $1,095 |
| SunHill Lake Norden | 3 bed + 1 Bath | $1,300 |
| Wheatgrass Village I | 3 Bedroom Townhome | $1,465 |
| Lake Area Townhomes | 3 Bedroom | $1,535 |
| Reserve Flats | 3 Bed 2 Bath | $1,670 |
| Yukon at Benson | 3 Bedroom 2.5 Bathroom | $1,750 |
| Wheatridge Apartments & Townhomes | 3B/2B Townhome | $1,975 |
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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Lake Preston, SD
Frequently Asked Questions about 3 Bedroom Lake Preston Apartments
What is the Cheapest apartment in Lake Preston with 3 Bedroom?
Currently the most affordable 3 Bedroom in Lake Preston is at Mary's Heights Apartments listed at $800.
How much is the average rent for a 3 Bedroom Lake Preston Apartment?
The average rent for a 3 Bedroom Apartment in Lake Preston is $1,660.
What is the largest available 3 Bedroom Lake Preston Apartment for rent?
Today's apartment with the most square footage in Lake Preston is a 1,640 square feet unit starting from $1,465 at Wheatgrass Village I.
What is the average size for Lake Preston 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Lake Preston is currently 1,537 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.