Cheap Apartments for Rent in Lyons, SD from $500 (47 Rentals)

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

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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property at 800 W 12th St

$595 - $845

1 Bedroom Rentals

Available Now

800 W 12th St

Sioux FallsSD57104
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Arnold's Park Apartments
1 to 2 Bedroom Apartments

Arnold's Park Apartments

1201-1209 N Prairie AveSioux Falls, SD 57104
  • Utilities Included
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Horizon Apartments
1 to 3 Bedroom Apartments

Horizon Apartments

3520 N 4th AveSioux Falls, SD 57104
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Hospitality Apartments
1 to 3 Bedroom Apartments

Hospitality Apartments

809 N West AveSioux Falls, SD 57104
  • Utilities Included
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J.A.K.E Apartments
1 Bedroom Apartments

J.A.K.E Apartments

1512 N Garfield AveSioux Falls, SD 57104
  • Utilities Included
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Maple Park
2 Bedroom Apartments

Maple Park

2601 N Maple LnSioux Falls, SD 57107
Corporate Housing

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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Kingsport Apartments
1 to 3 Bedroom Apartments

Kingsport Apartments

5419 W Dardanella RdSioux Falls, SD 57106
  • Utilities Included
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Falls Park Apartments
3 to 4 Bedroom Apartments

Falls Park Apartments

3601 N Career AveSioux Falls, SD 57107
  • 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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property at 2904 W 33rd St

$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

2904 W 33rd St

Sioux FallsSD57105
Showing Results 1-47, Page 1 of 1

Lyons, SD Local Guide

Cheapest Available Lyons Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lyons, SD is a 1 Bed unit found at Arnold's Park Apartments in the Northwest Sioux Falls neighborhood priced from $600. Falls View Apartments in the Northeast Sioux Falls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $648. Here is today’s list of the most affordable Lyons apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arnold's Park ApartmentsMAY IS FREE!!!1BR,1BA$600
Falls View ApartmentsRushmoreStudio,1BA$648
Horizon ApartmentsThree Bedroom3BR,2BA$668
Meadowbrook Apartments1 BR1BR,1BA$725
Hospitality ApartmentsTwo Bedroom One Bath - 8402BR,1BA$775
Maple Pass Apartments and Townhomes in Hartford, SDRent Special - Studio AptsStudio,1BA$825
The BoundaryStudioStudio,1BA$835
Auburn Manor ApartmentsOne Bedroom1BR,1BA$835
University Hills VillageUnit Type K3 - Studio/1 BA - Non SmokingStudio,1BA$850
Kingsport ApartmentsOne Bedroom One Bath - Washer/ Dryer1BR,1BA$855

Best Value Apartments for Rent in Lyons, SD and Nearby

As of May 22, 2026 the best value apartment in the Lyons area is the $1.01 price per square foot 3 Bedroom 2.5 Bathroom Townhome Model at Pinnacle Townhomes in the in the Northwest Sioux Falls neighborhood starting from $1,865. The second greatest value Lyons apartment is the 3x2 Model at 100 W 10th St starting at $1,595 with a $1.00 price per square foot . Here is today’s list of the best values for Lyons apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle Townhomes3 Bedroom 2.5 Bathroom Townhome3BR,2.5BA$1.01
100 W 10th St3x23BR,2BA$1.00
Stoney Creek Townhomes3 Bedroom 1.5 Bathroom3BR,1.5BA$1.05
Northridge Estates/Perfect LocationTwo Bed/Two Bath/Pets OK2BR,2BA$1.08
West Oaks Estate1 bdr/ 1 bath1BR,1BA$1.00
Hospitality ApartmentsTwo Bedroom One Bath - 8402BR,1BA$0.92
Horizon ApartmentsTwo Bedroom2BR,1BA$0.93
Arnold's Park ApartmentsMAY IS FREE !!!!!2BR,1BA$0.90
Marion Crossing Apartments1 Bed 1 Bath Apartment1BR,1BA$1.16
Meadowbrook Apartments1 BR1BR,1BA$1.05

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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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!

Explore Lyons, SD Rentals by Map

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See the most popular apartments and homes in Lyons, SD

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Frequently Asked Questions about Cheap Lyons Apartments

What is the Cheapest Studio apartment in Lyons?

Currently the most affordable Cheap Studio Apartment in Lyons is at Falls View Apartments listed at $648.

How much is rent for a Cheap One Bedroom Lyons Apartment?

The lowest price for a Cheap One Bedroom Lyons Apartment is $600 at Arnold's Park Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lyons is starting from $700 at Arnold's Park Apartments.

What is the most affordable Lyons Three Bedroom Apartment?

The best deal on a cheap Lyons Three Bedroom Apartment rental is at Horizon Apartments and starts from $668.

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 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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.