
Cheap Apartments for Rent in Nemo, SD from $400 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Nemo.


The Place at Estes Park

The Place at Hainesway

Civic Plaza Apartments

Bridgewood Estates

Enchanted Pines

LaCrosse Estates Apartment Homes

Sedona Flats

Champion Villas

Candlewood Apartments
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.

Tallgrass Apartments

Countryside Apartments

12th Street Apartments

Copper Ridge Apartments

Prairie Tree Apartments

Shepherd Hills Commons

Sagebrush Flats

Summerset Heights

Sheridan Lake Apartments

The Elements, LLC
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.

Camden Heights

Country Bluff Apartments

The VUE at Catron

Deadwood Ridge Apartments

Block5

Summerset Village

Buffalo Run

Stoney Creek Highlands

The Pines at Rapid

Harmony Heights
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.

Stonegate Community

The Altitude

The Altitude 2

Founders Park Village

The Meadows

Red Rock Apartments

1213 Quincy St

Canyon Lake Apartments

Rapid Creek Apartments

440 N Creek Dr
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.

318 National St

107 Gumbo Dr

Butterfly Apartments

KC Lofts

Summerset Village

904 Willsie Ave

1153 Dakota Dr

3850 Park Dr

614 Terrace Dr

927 Blaine Ave
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.
Nemo, SD Local Guide

How much does it cost to rent an apartment in Nemo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nemo Studio Apartments | $1,051 | $475 | $1,520 |
| Nemo 1 Bedroom Apartments | $1,327 | $590 | $2,278 |
| Nemo 2 Bedroom Apartments | $1,471 | $726 | $3,338 |
| Nemo 3 Bedroom Apartments | $1,735 | $1,080 | $3,010 |
| Nemo 4 Bedroom Apartments | $1,764 | $1,764 | $1,764 |
Browse Top Apartments in Nemo
See all Apartments in NemoExplore Nemo
Nemo, SD Local Guide
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Cheapest Available Nemo Apartments for Rent and Nearby
 The cheapest available apartment rental in Nemo, SD is a Studio unit found at Robbinsdale Heights 1 priced from $475. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Robbinsdale Heights 1 | Studio - Interior | Studio,1BA | $475 |
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $865 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $900 |
| The Place at Hainesway | Two Beds, One Bath | 2BR,1BA | $949 |
| Enchanted Pines | Studio | Studio,1BA | $950 |
| LaCrosse Estates Apartment Homes | APRIL SHOWERS BROUGHT MAY RENT FREE AND ROCK BO... | 2BR,1BA | $950 |
| Champion Villas | Studio Apartment | Studio,1BA | $990 |
| Candlewood Apartments | Studio | Studio,1BA | $990 |
| 318 National St | 2/1 | 2BR,1BA | $995 |
| The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $995 |
Best Value Apartments for Rent in Nemo, SD and Nearby
As of June 13, 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 Brennan $1,085 Model at Founders Park Village starting at $1,478 with a $1.34 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
| Founders Park Village | Brennan $1,085 | 2BR,2BA | $1.34 |
| The Place at Estes Park | Two Bed One Bath | 2BR,1BA | $1.08 |
| Sheridan Lake Apartments | The Windsor | 2BR,1BA | $1.23 |
| The Pines at Rapid | 1/1 | 1BR,1BA | $1.35 |
| Canyon Lake Apartments | C1 | 3BR,1BA | $1.57 |
| The Place at Hainesway | Three Beds, One Bath | 3BR,1BA | $1.18 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1.22 |
| Champion Villas | Studio Apartment | Studio ,1BA | $1.47 |
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $1.29 |
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 Nemo, SD Rentals by Map
See the most popular apartments and homes in Nemo, SD
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 Robbinsdale Heights 1 listed at $475.
How much is rent for a Cheap One Bedroom Nemo Apartment?
The lowest price for a Cheap One Bedroom Nemo Apartment is $900 at Bridgewood Estates.
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 The Place at Hainesway and starts from $1,060.
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

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.

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.

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.

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.