Cheap Apartments for Rent near Nemo, SD from $500 (54 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Prairie Tree
$1,155 - $1,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,155 - $1,215
Total Monthly Price
$1,155 - $1,215
1 to 2 Bedroom Apartments Available Aug 7

Prairie Tree

4010 Elm AveRapid City, SD 57701
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  • Utilities Included

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.

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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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440 N Creek Dr
2 Bedroom Apartments

440 N Creek Dr

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

KC Lofts

18 E Kansas City StRapid City, SD 57701
Corporate Housing
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Summerset Village
2 Bedroom Apartments

Summerset Village

7243 Independence StSummerset, SD 57718

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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Showing Results 1-50, Page 1 of 2

Nemo, SD Local Guide

Cheapest Available Nemo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Nemo, SD is a 2 Beds unit found at Civic Plaza Apartments in the Downtown Rapid City neighborhood priced from $865. Bridgewood Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Nemo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$865
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$900
Canyon LakeThe TeddyStudio,1BA$930
Enchanted PinesStudioStudio,1BA$950
LaCrosse Estates Apartment HomesSPRING INTO SUMMER WITH ROCK BOTTOM PRICES! ANY...2BR,1BA$950
Champion VillasStudio ApartmentStudio,1BA$980
Tallgrass ApartmentsAStudio,1BA$1,000
Copper Ridge ApartmentsAStudio,1BA$1,025
Auburn Hills1 bed, 1 bath-4660 Coal Bank1BR,1BA$1,050
Sagebrush Flats1 Bed, 1 bath1BR,1BA$1,052

Best Value Apartments for Rent in Nemo, SD and Nearby

As of July 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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
Founders Park VillageBrennan $1,0852BR,2BA$1.34
Summerset Heights2x22BR,2BA$1.19
Countryside Apartments2 bed 2 bath2BR,2BA$1.30
The Pines at Rapid1/11BR,1BA$1.35
The Place at HaineswayThree Beds, One Bath3BR,1BA$1.18
Country Bluff ApartmentsThe Roosevelt2BR,1BA$1.39
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$1.22
Champion VillasStudio ApartmentStudio ,1BA$1.45
Civic Plaza Apartments2 Bedroom Garden Level2BR,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.

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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 Nemo, SD Rentals by Map

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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 Canyon Lake listed at $930.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.