Cheap Apartments for Rent in Lead, SD from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Lead.

The Place at Estes Park
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 Place at Hainesway

Civic Plaza Apartments

318 National St

Bridgewood Estates

Shepherd Hills Commons

Canyon Lake Apartments

Moonlight Apartment Complex

Candlewood Apartments
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.

Buffalo Run

Sheridan Lake Apartments

Countryside Apartments

12th Street Apartments

Tallgrass Apartments

Prairie Tree Apartments

Copper Ridge Apartments
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.

Sedona Flats

Summerset Heights

Deadwood Ridge Apartments

The Elements, LLC

4 E Signal Dr

2710 W Rapid St

1219 6th St
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.

3410 Cypress St
Lead, SD Local Guide

How much does it cost to rent an apartment in Lead?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lead Studio Apartments | $1,293 | $719 | $2,400 |
Lead 1 Bedroom Apartments | $1,439 | $536 | $3,200 |
Lead 2 Bedroom Apartments | $1,656 | $660 | $4,300 |
Lead 3 Bedroom Apartments | $1,882 | $1,039 | $2,729 |
Lead 4 Bedroom Apartments | $1,564 | $1,564 | $1,564 |
Browse Top Apartments in Lead
See all Apartments in LeadExplore Lead
Lead, SD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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. Bridgewood Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here is today’s list of the most affordable Lead apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $865 |
Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $870 |
Canyon Lake Apartments | S1 | Studio,1BA | $930 |
The Place at Hainesway | Two Beds, One Bath | 2BR,1BA | $949 |
Moonlight Apartment Complex | Studio | Studio,1BA | $975 |
Candlewood Apartments | 1 Bedroom | 1BR,1BA | $979 |
Countryside Apartments | Studio | Studio,1BA | $995 |
Copper Ridge Apartments | A | Studio,1BA | $1,025 |
The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1,049 |
Deadwood Ridge Apartments | B | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Lead, SD and Nearby
As of June 18, 2025 the best value apartment in the Lead area is the $1.27 price per square foot 3 Beds, 2 baths Model at Stonegate Community in the starting from $1,495. The second greatest value Lead apartment is the Brennan $1,085 Model at Founders Park Village starting at $1,478 with a $1.34 price per square foot in the Downtown Rapid City neighborhood. Here is today’s list of the best values for Lead apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
Founders Park Village | Brennan $1,085 | 2BR,2BA | $1.34 |
Rapid Creek Apartments | 3Bed/2Bath | 3BR,2BA | $1.40 |
The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1.08 |
Sheridan Lake Apartments | The Windsor | 2BR,1BA | $1.19 |
Country Bluff Apartments | The Roosevelt | 2BR,1BA | $1.37 |
Prairie Tree Apartments | 2C | 2BR,1.25BA | $1.31 |
Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $1.18 |
Candlewood Apartments | 1 Bedroom | 1BR,1BA | $1.33 |
Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $1.29 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lead, SD Rentals by Map
See the most popular apartments and homes in Lead, SD
Getting Around Lead, SD
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
10 / 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 Lead Apartments
What is the Cheapest Studio apartment in Lead?
Currently the most affordable Cheap Studio Apartment in Lead is at Canyon Lake Apartments listed at $925.
How much is rent for a Cheap One Bedroom Lead Apartment?
The lowest price for a Cheap One Bedroom Lead Apartment is $870 at Bridgewood Estates.
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 $1,205.
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.