Cheap Apartments for Rent in Lead, SD from $500 (26 Rentals)

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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.

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.

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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318 National St
1 to 2 Bedroom Apartments

318 National St

318 National StRapid City, SD 57702
  • Utilities Included

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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440 N Creek Dr
2 Bedroom Apartments

440 N Creek Dr

440 N Creek DrRapid City, SD 57703

Lead, SD Local Guide

Cheapest Available Lead Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lead, SD is a Studio unit found at Robbinsdale Heights 1 priced from $610. Civic Plaza Apartments in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $865. Here is today’s list of the most affordable Lead apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Robbinsdale Heights 1Efficiency - InteriorStudio,1BA$610
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$865
The Place at HaineswayOne Bed, One Bath1BR,1BA$875
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$900
Enchanted PinesStudioStudio,1BA$950
Rapid Creek Apartments3Bed/2Bath3BR,2BA$979
Moonlight Apartment ComplexStudioStudio,1BA$995
Countryside ApartmentsStudioStudio,1BA$1,000
Tallgrass ApartmentsAStudio,1BA$1,000
Copper Ridge ApartmentsAStudio,1BA$1,025

Best Value Apartments for Rent in Lead, SD and Nearby

As of January 29, 2026 the best value apartment in the Lead area is the $1.42 price per square foot 3 Bedrooms, 2 Bathrooms Model at The Altitude 2 in the starting from $1,795. 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.
The Altitude 23 Bedrooms, 2 Bathrooms3BR,2BA$1.42
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
Founders Park VillageBrennan $1,0852BR,2BA$1.34
Summerset Heights2x22BR,2BA$1.14
Rapid Creek Apartments3Bed/2Bath3BR,2BA$0.98
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$1.11
Prairie Tree Apartments2A2BR,1BA$1.40
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$1.22
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$1.29
The Place at HaineswayOne Bed, One Bath1BR,1BA$1.35

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.

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Cash 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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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!

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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 Robbinsdale Heights 1 listed at $610.

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

The lowest price for a Cheap One Bedroom Lead Apartment is $875 at The Place at Hainesway.

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 Rapid Creek Apartments and starts from $979.

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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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.

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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.

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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.

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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.