
Cheap Apartments for Rent in New Effington, SD from $300 (48 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

Heritage Square

511 Main Ave N

Liberty Lights 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.

Beardsley Apartments

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
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.

Pelican Rapids Townhomes

Center Street Apartments

Total Monthly Price
Broadway Apartments

The Colony

Legacy Trail Apartments

Cascade Apartments

Clinton Community Housing

Page House

Silverleaf Apartments
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.

Goldenwood

806 W 5th St

Prairie Park Fairmount Apartments

Heritage Apartments- Morris

Carolina Village

Del Rose Apartments

503 6th St N

Aspen Green II

Home Rite Apartments
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.

Wildwood Apartments

1605 7th St N

1624 8th St N

1612 8th St N

1606 8th St N

Riverside Apartments

Ridgeview Manor - Trail I and II

Lamplighter Apartments

Cardinal Estates
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.

702 8th Ave N

806 8th St N

1652 8th St N
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 | $819 | $599 | $925 |
| New Effington 1 Bedroom Apartments | $1,094 | $575 | $1,798 |
| New Effington 2 Bedroom Apartments | $1,235 | $695 | $2,610 |
| New Effington 3 Bedroom Apartments | $1,677 | $885 | $2,575 |
| New Effington 4 Bedroom Apartments | $2,270 | $1,270 | $2,625 |
Browse Top Apartments in New Effington
See all Apartments in New EffingtonExplore New Effington
New Effington, SD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 Heritage Square priced from $575. Liberty Lights Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here is today’s list of the most affordable New Effington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Square | 1 Bed, 1 bath | 1BR,1BA | $575 |
| Liberty Lights Apartments | Studio | Studio,1BA | $599 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $600 |
| Riverside Apartments | 911 studios | Studio,1BA | $695 |
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $700 |
| Eastside Acres | 1 Bed, 1 bath | 1BR,1BA | $761 |
| Nature's Edge Apartments | 1B1B MKT | 1BR,1BA | $769 |
| Pelican Rapids Townhomes | 2 Bedroom | 2BR,1BA | $785 |
| Center Street Apartments | Wahp 2 bed | 2BR,1BA | $795 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $840 |
Best Value Apartments for Rent in New Effington, SD and Nearby
As of June 22, 2026 the best value apartment in the New Effington area is the $0.56 price per square foot 3 Bedroom Model at Pelican Rapids Townhomes in the starting from $885. The second greatest value New Effington apartment is the 4 BD/2 BA Model at Westfield Apartments starting at $1,495 with a $1.22 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 | $0.56 |
| Westfield Apartments | 4 BD/2 BA | 4BR,2BA | $1.22 |
| JP Place | Mason | 3BR,2BA | $1.31 |
| Campus View Historic Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.19 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.67 |
| Spruce Place Apartments | 2 Bedroom | Laurel Place | 2BR,1BA | $1.01 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.05 |
| Center Street Apartments | Wahp 2 bed | 2BR,1BA | $0.99 |
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $1.10 |
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
What is the Cheapest Studio apartment in New Effington?
Currently the most affordable Cheap Studio Apartment in New Effington is at Liberty Lights Apartments listed at $599.
How much is rent for a Cheap One Bedroom New Effington Apartment?
The lowest price for a Cheap One Bedroom New Effington Apartment is $575 at Heritage Square.
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 Beardsley 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 $795.
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

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.

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.