Cheap Apartments for Rent in Lead, SD from $500 (59 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lead.

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.

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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.

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Prairie Tree
$1,145 - $1,245
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,245
Total Monthly Price
$1,145 - $1,245
1 to 2 Bedroom Apartments Available Sep 7

Prairie Tree

4010 Elm AveRapid City, SD 57701
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  • Utilities Included

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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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440 N Creek Dr
2 Bedroom Apartments

440 N Creek Dr

440 N Creek DrRapid City, SD 57703
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318 National St
1 to 2 Bedroom Apartments

318 National St

318 National StRapid City, SD 57702

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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Showing Results 1-50, Page 1 of 2

Lead, SD Local Guide

Cheapest Available Lead Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lead, SD is a 2 Beds unit found at Civic Plaza Apartments in the Downtown Rapid City neighborhood priced from $865. LaCrosse Estates Apartment Homes in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $886. Here is today’s list of the most affordable Lead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$865
LaCrosse Estates Apartment HomesHOT SIZZLIN SUMMER DEALS! $500 DEPOSIT! NO APPL...1BR,1BA$886
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$900
Canyon LakeThe TeddyStudio,1BA$930
The Place at HaineswayTwo Beds, One Bath2BR,1BA$949
Enchanted PinesStudioStudio,1BA$950
Hollow GulchRillStudio,1BA$999
Tallgrass ApartmentsAStudio,1BA$1,000
Copper Ridge ApartmentsAStudio,1BA$1,025

Best Value Apartments for Rent in Lead, SD and Nearby

As of August 03, 2026 the best value apartment in the Lead area is the $1.29 price per square foot 2/1.5 - 1,632 TH Model at Spearfish Estates in the starting from $2,100. The second greatest value Lead apartment is the 3 Beds, 2 baths Model at Stonegate Community starting at $1,495 with a $1.27 price per square foot . Here is today’s list of the best values for Lead apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Spearfish Estates2/1.5 - 1,632 TH2BR,1.5BA$1.29
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
Champion Villas3 Bedroom 2 Bathroom Apartment3BR,2BA$1.11
Countryside Apartments2 bed 2 bath2BR,2BA$1.30
The Place at Estes ParkTwo Bed One Bath2BR,1BA$1.08
312 Grandview Dr, Unit 1312 Grandview Dr2BR,1BA$1.33
The Place at HaineswayTwo Beds, One Bath2BR,1BA$1.10
124 Charles St, Unit 2 Floor124 Charles St1BR,1BA$1.19
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$1.22
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$1.29

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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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 Lead, SD Rentals by Map

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Frequently Asked Questions about Cheap Lead Apartments

What is the Cheapest Studio apartment in Lead?

Currently the most affordable Cheap Studio Apartment in Lead is at Canyon Lake listed at $930.

How much is rent for a Cheap One Bedroom Lead Apartment?

The lowest price for a Cheap One Bedroom Lead Apartment is $886 at LaCrosse Estates Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Lead Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lead is starting from $865 at Civic Plaza Apartments.

What is the most affordable Lead Three Bedroom Apartment?

The best deal on a cheap Lead Three Bedroom Apartment rental is at Bridgewood Estates and starts from $1,245.

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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.

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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.