Studio Apartments for Rent in Lake Preston, SD (15 Rentals)

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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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Archer Flats
Studio Apartments

Archer Flats

2308 14th Ave NEWatertown, SD 57201
  • Utilities Included
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Lake Preston, SD Local Guide

Largest Available Lake Preston and Nearby Studio Apartments

The largest available Studio apartment unit in Lake Preston, SD is found at University Hills Village and is 858 square feet priced from $1,095. Forte of Brookings: 50+ Community! has the second largest Studio, which is sized at 560 square feet and currently listed start at $940. Here is today’s list of the largest available Studio units in Lake Preston:

Apartment ListingModel NameSquare FootagePriced From
University Hills VillageNEW Lg Studio - 858 sqft858 Sq Ft$1,095
Forte of Brookings: 50+ Community!Cardinal560 Sq Ft$940
Edgerton PlaceEdgerton Place Phase II - Studio500 Sq Ft$900
Yukon at BensonStudio465 Sq Ft$910
West Oaks EstatesEfficiency Unit375 Sq Ft$849

Cheapest Available Lake Preston and Nearby Studio Apartments

As of May 30, 2025 the lowest priced Studio apartment unit in Lake Preston, SD is the Efficiency - B Model starting from $795 at Southland Court in the Downtown Brookings neighborhood. The second most affordable Lake Preston Studio is the Efficiency Unit Model at West Oaks Estates starting at $849 . The average price for all Studio apartments in Lake Preston is currently $956. Here is today’s list of the cheapest available Studio options in Lake Preston:

Apartment ListingModel NamePriced From
Southland CourtEfficiency - B$795
West Oaks EstatesEfficiency Unit$849
University Hills VillageStudio - 567 sqft$875
Trails HeadDriftwood$890
Forte of Brookings: 50+ Community!Starling$895

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

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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 Studio Lake Preston Apartments

What is the Cheapest apartment in Lake Preston with Studio?

Currently the most affordable Studio in Lake Preston is at Southland Court listed at $795.

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

The average rent for a Studio Apartment in Lake Preston is $956.

What is the largest available Studio Lake Preston Apartment for rent?

Today's apartment with the most square footage in Lake Preston is a 858 square feet unit starting from $1,095 at University Hills Village.

What is the average size for Lake Preston Studio Apartments for rent?

The average size for a Studio rental in Lake Preston is currently 524 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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.