Cheap Homes for Rent in Lead, SD from $800 (10 Rentals)

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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.

property at 3850 Park Dr

$1,495

2 Bedroom Rentals

Available Jun 22

3850 Park Dr

Rapid CitySD57702

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.

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. Bridgewood Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. 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
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$900
The Place at HaineswayTwo Beds, One Bath2BR,1BA$949

Best Value Apartments for Rent in Lead, SD and Nearby

As of June 05, 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
Founders Park VillageBrennan $1,0852BR,2BA$1.34
The Place at Estes ParkTwo Bed One Bath2BR,1BA$1.08
Sheridan Lake ApartmentsThe Windsor2BR,1BA$1.23
Harmony HeightsThe Peak2BR,2BA$1.48
The Place at HaineswayTwo Beds, One Bath2BR,1BA$1.10
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$1.22
Champion VillasStudio ApartmentStudio ,1BA$1.49
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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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!

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Frequently Asked Questions about Lead

What type of rentals are currently available in Lead?

There are currently 58 Apartments for Rent in Lead, SD with pricing that ranges from $475 to $3,338. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lead ranging from $895 to $5,000.

What is the current price range for Rental Homes in Lead?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lead ranges from $895 to $5,000 with an average monthly rent of $2,624.

How much are larger Three and Four Bedroom Rentals in Lead?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lead range from $1,080 to $3,010, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $1,764.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.