
Cheap Apartments for Rent in Ludlow, SD from $300 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Ludlow.


Christina Lake in Downtown

Warlow Drive

Gold Apartments.com

Falcon & Mallard Heights

West River at Dickinson

Parkside Apartments

Total Monthly Price
Legend Apartments

Indian Hills
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.

Lincoln Meadows

Platinum Luxury Rentals Apartments

Prairie Winds Apartments

The Butte

Mountain View Apartments

Montfort Crossing

Hollow Gulch

12th Street Apartments

Diamond Apartments
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.

Total Monthly Price
Silver Apartments

Bakken Lodge, LLC

334 Gwinn Ave

Custer Crossing & Ravenwood Apartments

Total Monthly Price
Liberty Village

South Fork Apartments

West Ridge Apartments

Jefferson Creek

Raven Ridge Apartments
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.

Total Monthly Price
Sierra Ridge

Deadwood Ridge Apartments

Total Monthly Price
Remington Village

Spearfish Estates

Villard Terrace

Cottonwood Apts #1

411 Market St E

229 S Grove St

South Park Place Apartments
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.

401 W 6th St

Killdeer Highlands

280 9th St W

211 1/2 2nd Ave E

22 5th St W

1609 Dickinson Pl Dr

2395 Prairie Oak Dr

2374 Sparrow Dr

2397 Sparrow Dr
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.

1630 Dickinson Pl Dr

864 Alb Dr

120 Westhills Loop
Ludlow, SD Local Guide

How much does it cost to rent an apartment in Ludlow?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ludlow Studio Apartments | $1,435 | $775 | $4,500 |
| Ludlow 1 Bedroom Apartments | $1,227 | $700 | $5,000 |
| Ludlow 2 Bedroom Apartments | $1,629 | $751 | $9,800 |
| Ludlow 3 Bedroom Apartments | $2,472 | $1,000 | $9,000 |
| Ludlow 4 Bedroom Apartments | $6,904 | $1,275 | $10,000+ |
Browse Top Apartments in Ludlow
See all Apartments in LudlowExplore Ludlow
Ludlow, SD Local Guide
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Cheapest Available Ludlow Apartments for Rent and Nearby
 The cheapest available apartment rental in Ludlow, SD is a 1 Bed unit found at Orchids Basic priced from $400. Christina Lake in Downtown has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Ludlow apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Orchids Basic | 1 bedroom w/ TERRACE | 1BR,1BA | $400 |
| Christina Lake in Downtown | 1 Bedromm | 1BR,1BA | $700 |
| Gold Apartments.com | Plan 4 | 2BR,1BA | $751 |
| Falcon & Mallard Heights | Studio | Studio,1BA | $775 |
| West River at Dickinson | Studio | Studio,1BA | $775 |
| Parkside Apartments | One Bedroom - 1A | 1BR,1BA | $842 |
| Warlow Drive | 1 Bed, 1 bath | 1BR,1BA | $850 |
| Legend Apartments | Studio | Studio,1BA | $850 |
| Lincoln Meadows | 2 Bedroom Apartment | 2BR,2BA | $899 |
| Platinum Luxury Rentals Apartments | Plan 3 | 2BR,1BA | $904 |
Best Value Apartments for Rent in Ludlow, SD and Nearby
As of May 21, 2026 the best value apartment in the Ludlow 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 Ludlow apartment is the ABC 3 Bedroom 2 Bath Model at West Ridge Apartments starting at $1,632 with a $1.35 price per square foot in the Dickinson State Normal School Campus District neighborhood. Here is today’s list of the best values for Ludlow apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Spearfish Estates | 2/1.5 - 1,632 TH | 2BR,1.5BA | $1.29 |
| West Ridge Apartments | ABC 3 Bedroom 2 Bath | 3BR,2BA | $1.35 |
| Liberty Village | 3 Bedroom Flat | 3BR,2BA | $1.20 |
| Sierra Ridge | The Devonian | 2BR,2BA | $1.27 |
| Orchids Basic | 3 Bedroom - Garden | 3BR,1.5BA | $1.24 |
| Lincoln Meadows | 2 Bedroom 1 Bath | 2BR,1BA | $0.94 |
| Mountain View Apartments | Two Bedroom | 2BR,1BA | $1.14 |
| South Fork Apartments | estes | 1BR,1BA | $1.33 |
| Christina Lake in Downtown | 1 Bedromm | 1BR,1BA | $1.00 |
| Warlow Drive | 1 Bed, 1 bath | 1BR,1BA | $1.31 |
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 Ludlow, SD Rentals by Map
See the most popular apartments and homes in Ludlow, SD
Frequently Asked Questions about Cheap Ludlow Apartments
What is the Cheapest Studio apartment in Ludlow?
Currently the most affordable Cheap Studio Apartment in Ludlow is at Falcon & Mallard Heights listed at $775.
How much is rent for a Cheap One Bedroom Ludlow Apartment?
The lowest price for a Cheap One Bedroom Ludlow Apartment is $400 at Orchids Basic.
What is the lowest price for a Cheap Two Bedroom Ludlow Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ludlow is starting from $751 at Gold Apartments.com.
What is the most affordable Ludlow Three Bedroom Apartment?
The best deal on a cheap Ludlow Three Bedroom Apartment rental is at Warlow Drive and starts from $1,000.
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

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.

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.