
Cheap Apartments for Rent in New Effington, SD from $300 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in New Effington.


97 7th Ave S

902 1st St S

262 2nd St SW

328 Dewey St

200 7th Ave

500 1st Ave S

Heritage Square

Liberty Lights Apartments

Beardsley 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.

Western Road Apartments

Riverside Apartments

Oakes I & II Apartments

Gwinner I & II Apartments

Total Monthly Price
Campus View Historic Apartments

Eastside Acres

Total Monthly Price
Nature's Edge Apartments

Colonial Village Apartments

Pelican Rapids Townhomes

Center Street 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.

Archer Flats

Broadway Apartments

The Colony

Cascade Apartments

Spruce Place Apartments

River Bluff Apartments

Runestone Grand Apartments

Somerset Apartments

Westdale Apartments

Stetson Village 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.

Water Station Apartments

The Crossings Apartments

East Point Village Apartments

Thunder Hawk Apartments

Blue Eagle Townhomes

Carlson Place Apartments

The Plains Apartments

Clinton Community Housing

Page House

Silverleaf 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.

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

Ridgeview Manor - Trail I and II
The Art of the Rental Viewing: What to look for during a property tour
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.
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 | $752 | $599 | $882 |
| New Effington 1 Bedroom Apartments | $1,129 | $575 | $1,798 |
| New Effington 2 Bedroom Apartments | $1,358 | $695 | $2,610 |
| New Effington 3 Bedroom Apartments | $1,807 | $795 | $2,575 |
| New Effington 4 Bedroom Apartments | $2,270 | $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 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 |
| Western Road Apartments | 2 Bedroom 1 Bath - 48241 | 2BR,1BA | $675 |
| Riverside Apartments | 911 studios | Studio,1BA | $695 |
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $700 |
| Wildwood Apartments | 1BR/1.0BA | 1BR,1BA | $725 |
| Eastside Acres | 1 Bed, 1 bath | 1BR,1BA | $761 |
| 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 May 08, 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 2 Bedroom 1 Bathroom Model at River Bluff Apartments starting at $1,035 with a $1.04 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 |
| River Bluff Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.04 |
| Thunder Hawk Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.33 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Center Street Apartments | Wahp 2 bed | 2BR,1BA | $0.99 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.05 |
| Western Road Apartments | 2 Bedroom 1 Bath - 48241 | 2BR,1BA | $0.91 |
| Lamplighter Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.30 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $1.33 |
| 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
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 $675 at Western Road 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.