
Cheap Apartments for Rent near Leola, SD from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Leola.


328 Dewey St

262 2nd St SW

9 1st Ave NE

Total Monthly Price
221 15th St N, Unit D4

Gwinner I & II Apartments
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.

Oakes I & II Apartments

310 Ash St

1106 10th St

Depot Apartments

Prairie Springs Apartments

19 7th Ave SE
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.

Presentation Heights

Prairie Village Apartments

Forte Living of Aberdeen: 50+ Community!

Dakota Estates

603 N Main St

208 S 11th St
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.

515 Enterprise St N

Aberdeen Communities

1020 N 2nd St

1631 Olive Dr

630 S High St

607 S 10th St
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.

1122 9th Ave SW
Leola, SD Local Guide

How much does it cost to rent an apartment in Leola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Leola Studio Apartments | $1,509 | $919 | $2,895 |
| Leola 1 Bedroom Apartments | $1,565 | $500 | $10,000+ |
| Leola 2 Bedroom Apartments | $1,534 | $775 | $6,300 |
| Leola 3 Bedroom Apartments | $1,288 | $900 | $1,575 |
| Leola 4 Bedroom Apartments | $1,266 | $910 | $1,810 |
Browse Top Apartments in Leola
See all Apartments in LeolaExplore Leola
Leola, SD Local Guide
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Cheapest Available Leola Apartments for Rent and Nearby
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $700 |
| Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Leola, SD and Nearby
As of August 24, 2026 the best value apartment in the Leola area is the $1.14 price per square foot 310 Ash St Model at 310 Ash St in the starting from $775. The second greatest value Leola apartment is the 1 br/ 1 bath Model at Gwinner I & II Apartments starting at $700 with a $1.10 price per square foot . Here is today’s list of the best values for Leola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 310 Ash St | 310 Ash St | 1BR,1BA | $1.14 |
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $1.10 |
| 221 15th St N, Unit D4 | 221 15th St N | 1BR,1BA | $0.81 |
| Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $2.00 |
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.
Read ArticleReal 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.
Read ArticleQuick 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 Leola, SD Rentals by Map
See the most popular apartments and homes in Leola, SD
Frequently Asked Questions about Cheap Leola Apartments
How much is rent for a Cheap One Bedroom Leola Apartment?
The lowest price for a Cheap One Bedroom Leola Apartment is $700 at Gwinner I & II Apartments.
What is the lowest price for a Cheap Two Bedroom Leola Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Leola is starting from $825 at Gwinner I & II Apartments.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.

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.