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2 to 3 Bedroom Apartments
Eastside Townhomes
732 4th St SELake Preston, SD 57249
Cheap Apartments for Rent in Lake Preston, SD from $400 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Preston.
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$695 - $1,695Studio to 3 Bedroom Apartments Available Now
Wheatgrass Village I
390 24th St SEHuron, SD 57350
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$815 - $1,980Studio to 3 Bedroom Apartments Available Now
Innovation Village
2405 10th StBrookings, SD 57006
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Rent Specials
$825 - $1,750Studio to 2 Bedroom Apartments Available Now
University Hills Village
4501 N Graduate AveSioux Falls, SD 57107
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$845 - $1,5801 to 3 Bedroom Apartments Available Now
Lake Area Townhomes
418 8th St SWMadison, SD 57042
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Rent Specials
$850 - $1,725Studio to 3 Bedroom Apartments Available Now
Maple Pass Apartments and Townhomes in Hartford, SD
310 N Maple AveHartford, SD 57033
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$861 - $1,471Studio to 2 Bedroom Apartments Available Now
The Oaks
218 19th St SEWatertown, SD 57201
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$865 - $1,6001 to 2 Bedroom Apartments Available Now
Wheatridge Apartments
1020 W Norway AveMitchell, SD 57301
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Rent Specials
$874 - $1,443Studio to 2 Bedroom Apartments Available Now
Flats on Havens
1525 W Havens AveMitchell, SD 57301
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Rent Specials
$875 - $2,631Studio to 3 Bedroom Apartments Available Now
Yukon at Benson
3780 N Yukon AveSioux Falls, SD 57107
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$890 - $1,900Studio to 2 Bedroom Apartments Available Now
Trails Head
1130 Main Avenue SouthBrookings, SD 57006
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Rent Specials
$895 - $1,800Studio to 2 Bedroom Apartments Available Now
Forte of Brookings: 50+ Community!
2123 Tallgrass PkyBrookings, SD 57006
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$900 - $1,550Studio to 2 Bedroom Apartments Available Now
Archer Flats
2308 14th Ave NEWatertown, SD 57201
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1 to 3 Bedroom Apartments
Copper Flats
2415 S Capital StMitchell, SD 57301
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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1 to 2 Bedroom Apartments
Woodland Park - Ivanhoe
106 N County Road 5Ivanhoe, MN 56142
407 N Covell Ave
Sioux FallsSD57104
304 N Main St
MitchellSD57301
400 N Main St
MitchellSD57301
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1 to 2 Bedroom Apartments
Heritage High Apartments
210 W Center StMadison, SD 57042
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1 Bedroom Apartments
Cathedral Square II
500 N Langdon StMitchell, SD 57301
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1 Bedroom Apartments
Greenridge Apartments
1500 N Kimball StMitchell, SD 57301
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.
1301 John Deere Cir
MadisonSD57042
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Studio to 2 Bedroom Apartments
University Hill Village - UHV Building 2
4415 N Graduate AveSioux Falls, SD 57107
223 N Main St
MitchellSD57301
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Studio to 2 Bedroom Apartments
University Hills Village - UHV Building 4
5520 W Success StSioux Falls, SD 57107
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Studio to 2 Bedroom Apartments
Southland Court
818 Southland LnBrookings, SD 57006
9300 W 32nd St
Sioux FallsSD57106
813 N Sanborn Blvd
MitchellSD57301
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.
Showing Results 1-28, Page 1 of 1
Lake Preston, SD Local Guide
South Dakota Sunrise by USDA NRCS South Dakota is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lake Preston?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Preston Studio Apartments | $923 | $695 | $2,401 |
| Lake Preston 1 Bedroom Apartments | $1,160 | $845 | $2,672 |
| Lake Preston 2 Bedroom Apartments | $1,428 | $995 | $2,683 |
| Lake Preston 3 Bedroom Apartments | $1,707 | $1,285 | $2,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Lake Preston
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Lake Preston, SD Local Guide
- Nearby Cities
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Cheapest Available Lake Preston Apartments for Rent and Nearby
The cheapest available apartment rental in Lake Preston, SD is a Studio unit found at University Hills Village priced from $825. Wheatgrass Village I has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. Here is today’s list of the most affordable Lake Preston apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Hills Village | Studio - 559 sqft | Studio,1BA | $825 |
| Wheatgrass Village I | 1 Bed 1 Bath | 1BR,1BA | $840 |
| Maple Pass Apartments and Townhomes in Hartford, SD | 0BR/1.0BA | Studio,1BA | $850 |
| Wheatridge Apartments | Tallgrass | 1BR,1BA | $865 |
| Yukon at Benson | Studio | Studio,1BA | $875 |
| Forte of Brookings: 50+ Community! | Starling | Studio,1BA | $895 |
| Edgerton Place | Edgerton Place Phase II - Studio | Studio,1BA | $910 |
| Paragon | The Vista | Studio,1BA | $925 |
| Flats on Havens | Hurst | Studio,1BA | $929 |
| Thelin Center | 1 Bedroom 1 Bathroom | 1BR,1BA | $955 |
Best Value Apartments for Rent in Lake Preston, SD and Nearby
As of January 25, 2026 the best value apartment in the Lake Preston area is the $1.16 price per square foot 3 Bed Model at Cloverfield Townhomes in the in the Downtown Brookings neighborhood starting from $2,095. The second greatest value Lake Preston apartment is the 3 Bedroom Model at Lake Area Townhomes starting at $1,580 with a $1.02 price per square foot . Here is today’s list of the best values for Lake Preston apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cloverfield Townhomes | 3 Bed | 3BR,2.5BA | $1.16 |
| Lake Area Townhomes | 3 Bedroom | 3BR,2.5BA | $1.02 |
| 1501 N Grove Pl | 3Bed,2.5Bath | 3BR,2.5BA | $1.13 |
| 110 W 10th St | Model B | 3BR,2BA | $1.11 |
| 105 Carly Dr | 2 Bed | 2BR,1.5BA | $1.04 |
| Marion Crossing Apartments | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.00 |
| Quail View - 55+ | 2 Bedroom | 2BR,1BA | $1.23 |
| West Oaks Estates | 1 bdr/ 1 bath | 1BR,1BA | $1.08 |
| Thelin Center | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.24 |
| Wheatridge Apartments | Tallgrass | 1BR,1BA | $1.14 |
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.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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See the most popular apartments and homes in Lake Preston, SD
Frequently Asked Questions about Cheap Lake Preston Apartments
What is the Cheapest Studio apartment in Lake Preston?
Currently the most affordable Cheap Studio Apartment in Lake Preston is at University Hills Village listed at $825.
How much is rent for a Cheap One Bedroom Lake Preston Apartment?
The lowest price for a Cheap One Bedroom Lake Preston Apartment is $840 at Wheatgrass Village I.
What is the lowest price for a Cheap Two Bedroom Lake Preston Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Preston is starting from $990 at Wheatgrass Village I.
What is the most affordable Lake Preston Three Bedroom Apartment?
The best deal on a cheap Lake Preston Three Bedroom Apartment rental is at Thelin Center and starts from $1,295.
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.