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$399 - $1,099Studio to 3 Bedroom Apartments Available Now
West Oaks Estates
911 N Oaks AveHartford, SD 57033
Cheap Apartments for Rent in Lake Preston, SD from $300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Preston.
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$740 - $8402 Bedroom Apartments Contact Us For Availability
Heritage High Apartments
210 W Center StMadison, SD 57042
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$750 - $1,095Studio to 2 Bedroom Apartments Available Now
Southland Court
818 Southland LnBrookings, SD 57006
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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304 N Main St
MitchellSD57301
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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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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 | $995 | $750 | $1,346 |
| Lake Preston 1 Bedroom Apartments | $1,130 | $480 | $1,980 |
| Lake Preston 2 Bedroom Apartments | $1,476 | $621 | $2,396 |
| Lake Preston 3 Bedroom Apartments | $1,711 | $399 | $2,641 |
| Lake Preston 4 Bedroom Apartments | $1,695 | $1,695 | $1,695 |
Browse Top Apartments in Lake Preston
See all Apartments in Lake PrestonExplore Lake Preston
Lake Preston, SD Local Guide
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Cheapest Available Lake Preston Apartments for Rent and Nearby
The cheapest available apartment rental in Lake Preston, SD is a 2 Beds unit found at Copper Flats priced from $621. Southland Court in the Downtown Brookings neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Lake Preston apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Copper Flats | 2 Bedroom 2 Bathroom | 2BR,2BA | $621 |
| Southland Court | Studio - B | Studio,1BA | $750 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $820 |
Best Value Apartments for Rent in Lake Preston, SD and Nearby
As of July 28, 2025 the best value apartment in the Lake Preston area is the $0.92 price per square foot 3x2 Model at 100 W 10th St in the starting from $1,650. The second greatest value Lake Preston apartment is the 3 Bed Model at Cloverfield Townhomes starting at $2,200 with a $1.22 price per square foot in the Downtown Brookings neighborhood. 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. |
|---|---|---|---|
| 100 W 10th St | 3x2 | 3BR,2BA | $0.92 |
| Cloverfield Townhomes | 3 Bed | 3BR,2.5BA | $1.22 |
| Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
| Fifth Street Apartments & Townhouses | Upper Apartment | 3BR,2BA | $1.20 |
| 105 Carly Dr | 2 Bed | 2BR,1.5BA | $1.23 |
| Copper Flats | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.96 |
| 110 W 10th St | Model A | 2BR,2BA | $1.30 |
| Thelin Center | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.09 |
| Wheatgrass Village I | 2X - 906 | 2BR,1BA | $1.09 |
| Marion Crossing Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.23 |
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See the most popular apartments and homes in Lake Preston, SD
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 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 Southland Court listed at $750.
How much is rent for a Cheap One Bedroom Lake Preston Apartment?
The lowest price for a Cheap One Bedroom Lake Preston Apartment is $820 at Lake Area Townhomes.
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 $621 at Copper Flats.
What is the most affordable Lake Preston Three Bedroom Apartment?
The best deal on a cheap Lake Preston Three Bedroom Apartment rental is at Copper Flats and starts from $1,025.
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.
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.
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.
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.
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.