Cheap Apartments for Rent in Mitchell, SD from $500 (44 Rentals)

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

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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Lawler Apartments
Studio to 2 Bedroom Apartments

Lawler Apartments

312 N Lawler StMitchell, SD 57301
  • Utilities Included
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Navin Building
1 to 2 Bedroom Apartments

Navin Building

101 S Main StMitchell, SD 57301

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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Northland Court
1 to 2 Bedroom Apartments

Northland Court

1820 N Wisconsin StMitchell, SD 57301
  • Utilities Included
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Hilltop Manor I & II
1 to 2 Bedroom Apartments

Hilltop Manor I & II

505-605 S Main StMitchell, SD 57301
  • Utilities Included
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Main St. Apartments
Studio to 1 Bedroom Apartments

Main St. Apartments

925 N Main StMitchell, SD 57301
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Copper Flats
1 to 3 Bedroom Apartments

Copper Flats

2415 S Capital StMitchell, SD 57301
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Palace View Apartments
Studio to 2 Bedroom Apartments

Palace View Apartments

121 W 6th AveMitchell, SD 57301
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Winsor Apartments
1 to 2 Bedroom Apartments

Winsor Apartments

804 N Winsor StMitchell, SD 57301
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EAST WOODS APARTMENTS
2 to 3 Bedroom Apartments

EAST WOODS APARTMENTS

1709 E 1st AveMitchell, SD 57301
  • Utilities Included

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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The Landings
2 to 3 Bedroom Apartments

The Landings

716 N Iowa StMitchell, SD 57301
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Greenridge Apartments
1 Bedroom Apartments

Greenridge Apartments

1500 N Kimball StMitchell, SD 57301
Senior Living
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Village Pointe
1 to 3 Bedroom Apartments

Village Pointe

1701 N Main StMitchell, SD 57301
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South Point Village
1 to 4 Bedroom Apartments

South Point Village

2311 S Capital StMitchell, SD 57301
  • 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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Heritage Apartments
2 Bedroom Apartments

Heritage Apartments

618 W 9th AveMitchell, SD 57301
  • Utilities Included
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Cathedral I
1 Bedroom Apartments

Cathedral I

501 N Davison StMitchell, SD 57301
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Golden Prairie
1 to 3 Bedroom Apartments

Golden Prairie

2403 S Capital StMitchell, SD 57301

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.

Mitchell, SD Local Guide

Cheapest Available Mitchell Apartments for Rent

 

The cheapest available apartment rental in Mitchell, SD is a 1 Bed unit found at Meadowlawn Plaza Apartments priced from $593. EAST WOODS APARTMENTS has the second lowest priced unit, which is a 2 Beds apartment currently listed from $691. Here is today’s list of the most affordable Mitchell apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadowlawn Plaza Apartments1 Bedroom / 1 Bathroom1BR,1BA$593
EAST WOODS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$691
The Landings3 Bedrooms / 2 1/2 Bathrooms3BR,2BA$755
Wheatridge Apartments & TownhomesTallgrass1BR,1BA$865
Flats on HavensHurstStudio,1BA$929
Edgerton PlaceEdgerton Place Phase I - 1 Bed 1 Bath1BR,1BA$945

Best Value Apartments for Rent in Mitchell, SD

As of June 10, 2026 the best value apartment in the Mitchell area is the $0.51 price per square foot 3 Bedrooms / 2 1/2 Bathrooms Model at The Landings in the starting from $755. The second greatest value Mitchell apartment is the 3B/2B Townhome Model at Wheatridge Apartments & Townhomes starting at $1,975 with a $1.53 price per square foot . Here is today’s list of the best values for Mitchell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Landings3 Bedrooms / 2 1/2 Bathrooms3BR,2BA$0.51
Wheatridge Apartments & Townhomes3B/2B Townhome3BR,2BA$1.53
1101 W Elm Ave, Unit 11101 W Elm Ave2BR,1BA$0.95
EAST WOODS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.77
Meadowlawn Plaza Apartments1 Bedroom / 1 Bathroom1BR,1BA$0.82
Edgerton PlaceEdgerton Place Phase I - 1 Bed 1 Bath1BR,1BA$1.53
Flats on HavensNorway1BR,1BA$2.03

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 Cheap Mitchell Apartments

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

The lowest price for a Cheap One Bedroom Mitchell Apartment is $593 at Meadowlawn Plaza Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Mitchell is starting from $691 at EAST WOODS APARTMENTS.

What is the most affordable Mitchell Three Bedroom Apartment?

The best deal on a cheap Mitchell Three Bedroom Apartment rental is at The Landings and starts from $755.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.

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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.