Cheap Apartments for Rent in Nemo, SD from $500 (41 Rentals)

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

property at 1614 Custer St

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

1 Bedroom, 1 Bath Home for Rent

Available Now

1614 Custer St

Rapid CitySD57701

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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

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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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318 National St
1 to 2 Bedroom Apartments

318 National St

318 National StRapid City, SD 57702
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440 N Creek Dr
2 Bedroom Apartments

440 N Creek Dr

440 N Creek DrRapid City, SD 57703
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KC Lofts
1 to 2 Bedroom Apartments

KC Lofts

18 E Kansas City StRapid City, SD 57701
Corporate Housing

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Summerset Village
2 Bedroom Apartments

Summerset Village

7243 Independence StSummerset, SD 57718
Showing Results 1-41, Page 1 of 1

Nemo, SD Local Guide

Cheapest Available Nemo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Nemo, SD is a Studio unit found at The Place at Hainesway in the Downtown Rapid City neighborhood priced from $730. Civic Plaza Apartments in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $865. Here is today’s list of the most affordable Nemo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at HaineswayStudioStudio,1BA$730
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$865
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$900
Enchanted PinesStudioStudio,1BA$950
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$995
318 National St2/12BR,1BA$995
Tallgrass ApartmentsAStudio,1BA$1,000
Countryside ApartmentsStudioStudio,1BA$1,000
Candlewood ApartmentsStudioStudio,1BA$1,005
Copper Ridge ApartmentsAStudio,1BA$1,025

Best Value Apartments for Rent in Nemo, SD and Nearby

As of April 29, 2026 the best value apartment in the Nemo area is the $1.27 price per square foot 3 Beds, 2 baths Model at Stonegate Community in the starting from $1,495. The second greatest value Nemo apartment is the 2Bed/2Bath Model at The Elements, LLC starting at $1,750 with a $1.53 price per square foot in the Downtown Rapid City neighborhood. Here is today’s list of the best values for Nemo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
The Elements, LLC2Bed/2Bath2BR,2BA$1.53
Summerset Village2 Beds, 2 baths2BR,2BA$1.05
Founders Park VillageBrennan $1,0852BR,2BA$1.34
Summerset Heights2x22BR,2BA$1.14
The Pines at Rapid1/11BR,1BA$1.32
Champion Villas1 Bedroom 1 Bathroom Apartment1BR,1BA$1.44
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$1.22
Canyon Lake ApartmentsB12BR,1BA$1.52
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$1.29

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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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 Nemo Apartments

What is the Cheapest Studio apartment in Nemo?

Currently the most affordable Cheap Studio Apartment in Nemo is at The Place at Hainesway listed at $730.

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

The lowest price for a Cheap One Bedroom Nemo Apartment is $875 at The Place at Hainesway.

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

Today's best deal for a Cheap Two Bedroom Apartment in Nemo is starting from $865 at Civic Plaza Apartments.

What is the most affordable Nemo Three Bedroom Apartment?

The best deal on a cheap Nemo Three Bedroom Apartment rental is at Bridgewood Estates and starts from $1,245.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.