716 W Ash Ave
MitchellSD57301
Cheap Homes for Rent near Lake Preston, SD from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Preston.
1301 John Deere Cir
MadisonSD57042
223 N Main St
MitchellSD57301
917 12th Ave NW
WatertownSD57201
618 S Edmunds St
MitchellSD57301
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
630 E 4th St
BridgewaterSD57319
133 S Elmwood Ave
Sioux FallsSD57104
309 W Washington Ave
HowardSD57349
710 S Wisconsin St
MitchellSD57301
1200 E 3rd Ave
MitchellSD57301
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.
Showing Results 1-10, 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 a home in Lake Preston?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Preston 2 Bedroom Homes for Rent | $1,150 | $875 | $1,600 |
| Lake Preston 3 Bedroom Homes for Rent | $2,155 | $1,200 | $10,000+ |
| Lake Preston 4 Bedroom Homes for Rent | $2,000 | $1,500 | $2,600 |
| Lake Preston 5 Bedroom Homes for Rent | $2,647 | $2,600 | $2,695 |
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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 1 Bed unit found at Mary's Heights Apartments priced from $455. Ashbrook Trail Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $460. Here is today’s list of the most affordable Lake Preston apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mary's Heights Apartments | 1 Bed, 1 bath | 1BR,1BA | $455 |
| Ashbrook Trail Apartments | 1 Bed, 1 bath | 1BR,1BA | $460 |
| Onaka Village | 1BR/1BA | 1BR,1BA | $575 |
Best Value Apartments for Rent in Lake Preston, SD and Nearby
As of July 27, 2026 the best value apartment in the Lake Preston area is the $0.89 price per square foot 3 Bedroom Townhome Model at Wheatgrass Village I in the starting from $1,465. The second greatest value Lake Preston apartment is the 3 Bedroom Model at Lake Area Townhomes starting at $1,535 with a $0.99 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. |
|---|---|---|---|
| Wheatgrass Village I | 3 Bedroom Townhome | 3BR,2.5BA | $0.89 |
| Lake Area Townhomes | 3 Bedroom | 3BR,2.5BA | $0.99 |
| Mary's Heights Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.60 |
| Marion Crossing Apartments | 2 Bed 1 Bath Apartment | 2BR,1BA | $0.98 |
| 100 W 10th St | 2x1.5 | 2BR,1.5BA | $1.09 |
| West Oaks Estate | 2 bd, 2 ba Lower Level Unit | 2BR,2BA | $1.06 |
| Wilkeshire Apartments | Kent | 1BR,1BA | $1.12 |
| Copper Flats | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.78 |
| Ashbrook Trail Apartments | 1 Bed, 1 bath | 1BR,1BA | $0.60 |
| Onaka Village | 1BR/1BA | 1BR,1BA | $0.92 |
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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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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Frequently Asked Questions about Lake Preston
What type of rentals are currently available in Lake Preston?
There are currently 72 Apartments for Rent in Lake Preston, SD with pricing that ranges from $455 to $2,100. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Preston ranging from $750 to $10,000.
What is the current price range for Rental Homes in Lake Preston?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Preston ranges from $750 to $10,000 with an average monthly rent of $1,729.
How much are larger Three and Four Bedroom Rentals in Lake Preston?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Preston range from $800 to $1,975, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,500.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.