Cheap Apartments for Rent in Lincoln County, SD from $400 (48 Rentals)

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

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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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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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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Brooks Townhomes
2 to 3 Bedroom Apartments

Brooks Townhomes

5029 E 54th StSioux Falls, SD 57110
  • Utilities Included

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.

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Old Main Apartments
1 to 2 Bedroom Apartments

Old Main Apartments

320 N Lawler StCanton, SD 57013
  • Utilities Included
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Hunters Gate Townhomes
2 to 3 Bedroom Apartments

Hunters Gate Townhomes

217 S Cliff AveHarrisburg, SD 57032
  • Utilities Included
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MacArthur Estates
1 to 3 Bedroom Apartments

MacArthur Estates

5500 S Mac Arthur LnSioux Falls, SD 57108
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5401 W 56th St
2 Bedroom Apartments

5401 W 56th St

5401 W 56th StSioux Falls, SD 57106
  • Utilities Included
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340 N Main Ave
2 to 3 Bedroom Apartments

340 N Main Ave

340 N Main AveTea, SD 57064
  • Utilities Included

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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Shebal Townhomes
2 to 3 Bedroom Apartments

Shebal Townhomes

140 S Shebal AveHarrisburg, SD 57032
Showing Results 1-48, Page 1 of 1

Cheapest Available Lincoln County Apartments for Rent

 

The cheapest available apartment rental in Lincoln County, SD is a Studio unit found at The Velthuis Apartments in the Southwest Sioux Falls neighborhood priced from $750. Pebble Creek Apartments in the Southwest Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Lincoln County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Velthuis ApartmentsStudio ApartmentStudio,1BA$750
Pebble Creek Apartments1BR/1BA1BR,1BA$775
The Meadows Apartments411 1 BR1BR,1BA$800
Maple Rock ReserveStudio ApartmentStudio,1BA$805
Canton Villas Apartments2 Bed 1 Bath2BR,1BA$815
Mirada Manor ApartmentsOne Bedroom1BR,1BA$835
Meadow Ridge Apartments1 Bedroom1BR,1BA$850
Whisper Ridge Commons1/ADA1BR,1BA$850
The Rowe on 57th StreetStudioStudio,1BA$855

Best Value Apartments for Rent in Lincoln County, SD

As of June 09, 2026 the best value apartment in the Lincoln County area is the $1.05 price per square foot 4 Bedroom 2.5 Bathroom Model at Spring Townhomes in the in the Southwest Sioux Falls neighborhood starting from $2,185. The second greatest value Lincoln County apartment is the 3 bedroom 2.5 bath Model at Central Park Village starting at $1,718 with a $0.97 price per square foot . Here is today’s list of the best values for Lincoln County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Spring Townhomes4 Bedroom 2.5 Bathroom4BR,2.5BA$1.05
Central Park Village3 bedroom 2.5 bath3BR,2.5BA$0.97
The Berg3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
The Meadows on Graystone3 Bedrooms / 2 Bathrooms3BR,2BA$1.07
Saddle Creek Townhomes - New Leasing Incentives !2bd2ba2BR,2BA$1.06
Village at Three Fountains1 Bedroom 1 Bathroom Apartment1BR,1BA$1.07
Southern Hills2bd1ba2BR,1BA$0.98
Pebble Creek Apartments1BR/1BA1BR,1BA$0.91
Oakmont Estates1 Bedroom 1 Bathroom1BR,1BA$1.08
201 Columbia St201 Columbia St2BR,1BA$0.97

Frequently Asked Questions about Cheap Lincoln County Apartments

What is the Cheapest Studio apartment in Lincoln County?

Currently the most affordable Cheap Studio Apartment in Lincoln County is at The Velthuis Apartments listed at $750.

How much is rent for a Cheap One Bedroom Lincoln County Apartment?

The lowest price for a Cheap One Bedroom Lincoln County Apartment is $775 at Pebble Creek Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lincoln County is starting from $815 at Canton Villas Apartments.

What is the most affordable Lincoln County Three Bedroom Apartment?

The best deal on a cheap Lincoln County Three Bedroom Apartment rental is at SOUTH POINTE and starts from $1,260.

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

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.