
Cheap Apartments for Rent near New Effington, SD from $300 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in New Effington.


97 7th Ave S

500 1st Ave S

262 2nd St SW

328 Dewey St

200 7th Ave

Liberty Lights Apartments

511 Main Ave N

Beardsley Apartments
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.

Riverside Apartments

Western Road Apartments

Oakes I & II Apartments

Gwinner I & II Apartments

Spruce Place Apartments

Eastside Acres

Total Monthly Price
Nature's Edge Apartments

Total Monthly Price
Colonial Village Apartments

Center Street Apartments
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.

Total Monthly Price
Broadway Apartments

The Colony

Cascade Apartments

Total Monthly Price
Campus View Historic Apartments

Clinton Community Housing

Page House

Silverleaf Apartments

Goldenwood

806 W 5th St
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.

Prairie Park Fairmount Apartments

Heritage Apartments- Morris

Carolina Village

Heritage Square

Del Rose Apartments

503 6th St N

Aspen Green II

Home Rite Apartments

Riverside 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.

1624 8th St N

1612 8th St N

Ridgeview Manor - Trail I and II

Lamplighter Apartments

Cardinal Estates

806 8th St N

Wildwood Apartments

1652 8th St N

917 12th Ave NW
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.
New Effington, SD Local Guide

How much does it cost to rent an apartment in New Effington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Effington Studio Apartments | $928 | $550 | $1,095 |
| New Effington 1 Bedroom Apartments | $1,140 | $600 | $1,798 |
| New Effington 2 Bedroom Apartments | $1,203 | $695 | $2,500 |
| New Effington 3 Bedroom Apartments | $1,614 | $900 | $2,575 |
| New Effington 4 Bedroom Apartments | $2,158 | $1,270 | $2,625 |
Browse Top Apartments in New Effington
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New Effington, SD Local Guide
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Cheapest Available New Effington Apartments for Rent and Nearby
 The cheapest available apartment rental in New Effington, SD is a 1 Bed unit found at Beardsley Apartments priced from $600. Liberty Lights Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable New Effington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beardsley Apartments | One Bedroom | 1BR,1BA | $600 |
| Liberty Lights Apartments | 1 Bedroom | 1BR,1BA | $600 |
| Riverside Apartments | 911 studios | Studio,1BA | $695 |
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $700 |
| Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $755 |
| Eastside Acres | 1 Bed, 1 bath | 1BR,1BA | $761 |
| Center Street Apartments | Wahp 2 bed | 2BR,1BA | $795 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $898 |
| Campus View Historic Apartments | 1 Beds, 1 Baths | 1BR,1BA | $900 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $935 |
Best Value Apartments for Rent in New Effington, SD and Nearby
As of August 08, 2026 the best value apartment in the New Effington area is the $0.81 price per square foot 3 Bedroom Model at Pelican Rapids Townhomes in the starting from $1,280. The second greatest value New Effington apartment is the Mason Model at JP Place starting at $1,525 with a $1.31 price per square foot . Here is today’s list of the best values for New Effington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pelican Rapids Townhomes | 3 Bedroom | 3BR,1BA | $0.81 |
| JP Place | Mason | 3BR,2BA | $1.31 |
| Blue Eagle Townhomes | Three Bedroom | 3BR,2BA | $1.15 |
| Cardinal Estates | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.09 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.67 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Center Street Apartments | Wahp 2 bed | 2BR,1BA | $0.99 |
| Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $1.05 |
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $1.10 |
| Liberty Lights Apartments | 1 Bedroom Garage | 1BR,1BA | $1.27 |
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 New Effington, SD Rentals by Map
See the most popular apartments and homes in New Effington, SD
Frequently Asked Questions about Cheap New Effington Apartments
How much is rent for a Cheap One Bedroom New Effington Apartment?
The lowest price for a Cheap One Bedroom New Effington Apartment is $600 at Beardsley Apartments.
What is the lowest price for a Cheap Two Bedroom New Effington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Effington is starting from $700 at Liberty Lights Apartments.
What is the most affordable New Effington Three Bedroom Apartment?
The best deal on a cheap New Effington Three Bedroom Apartment rental is at Liberty Lights Apartments and starts from $850.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.