
Cheap Homes for Rent in Mitchell, SD from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Mitchell.


608 S Wisconsin St

716 W Ash Ave

411 Stafford St

1301 John Deere Cir

223 N Main 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.

625 S Prairie Ave

203 S Covell Ave

828 W 2nd Ave

408 N Main St

1020 E 1st Ave

309 W Washington Ave
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.

813 N Kiwanis Ave
Mitchell, SD Local Guide

How much does it cost to rent a home in Mitchell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mitchell 2 Bedroom Homes for Rent | $1,561 | $770 | $3,850 |
| Mitchell 3 Bedroom Homes for Rent | $1,680 | $1,200 | $2,000 |
| Mitchell 4 Bedroom Homes for Rent | $1,857 | $1,450 | $2,300 |
| Mitchell 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
Browse Top Homes for Rent in Mitchell
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Mitchell, SD Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowlawn Plaza Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $593 |
| EAST WOODS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $691 |
| Wheatridge Apartments & Townhomes | Tallgrass | 1BR,1BA | $865 |
| Edgerton Place | Edgerton Place Phase II - Studio | Studio,1BA | $910 |
| Flats on Havens | Hurst | Studio,1BA | $929 |
Best Value Apartments for Rent in Mitchell, SD
As of April 12, 2026 the best value apartment in the Mitchell area is the $1.12 price per square foot 3 Bedrooms 2.5 Bathrooms Model at South Point Village in the starting from $1,548. The second greatest value Mitchell apartment is the 3 Bedroom 2 Bathroom Second Floor Model at Golden Prairie starting at $1,417 with a $1.16 price per square foot . Here is today’s list of the best values for Mitchell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| South Point Village | 3 Bedrooms 2.5 Bathrooms | 3BR,2.5BA | $1.12 |
| Golden Prairie | 3 Bedroom 2 Bathroom Second Floor | 3BR,2BA | $1.16 |
| 2911 N Ohlman St, Unit 2 | 2911 N Ohlman St | 2BR,2BA | $0.90 |
| Copperleaf Townhomes | 2 Bedroom | 2BR,1BA | $1.37 |
| EAST WOODS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.77 |
| Wheatridge Apartments & Townhomes | Tallgrass | 1BR,1BA | $1.14 |
| Meadowlawn Plaza Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $0.82 |
| 200 N Main St, Unit 200 N. Main | 200 N Main St | 1BR,1BA | $1.59 |
| Edgerton Place | Edgerton Place Phase II - Studio | Studio ,1BA | $1.82 |
| Flats on Havens | Norway | 1BR,1BA | $2.03 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Best Local Schools in Mitchell, SD
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Mitchell, SD
Frequently Asked Questions about Mitchell
What type of rentals are currently available in Mitchell?
There are currently 60 Apartments for Rent in Mitchell, SD with pricing that ranges from $725 to $1,950. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mitchell ranging from $700 to $3,850.
What is the current price range for Rental Homes in Mitchell?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mitchell ranges from $700 to $3,850 with an average monthly rent of $1,596.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.