
Cheap Homes for Rent near New Effington, SD from $400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in New Effington.


97 7th Ave S

500 1st Ave S

262 2nd St SW

328 Dewey St
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.

200 7th Ave

511 Main Ave N

1624 8th St N

1612 8th St N

917 12th Ave NW
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.

1652 8th St N
New Effington, SD Local Guide

How much does it cost to rent a home in New Effington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Effington 2 Bedroom Homes for Rent | $689 | $400 | $875 |
| New Effington 3 Bedroom Homes for Rent | $2,067 | $975 | $2,375 |
| New Effington 4 Bedroom Homes for Rent | $2,415 | $2,200 | $2,695 |
| New Effington 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent 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 |
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about New Effington
What type of rentals are currently available in New Effington?
There are currently 62 Apartments for Rent in New Effington, SD with pricing that ranges from $550 to $2,625. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Effington ranging from $400 to $2,695.
What is the current price range for Rental Homes in New Effington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Effington ranges from $400 to $2,695 with an average monthly rent of $1,604.
How much are larger Three and Four Bedroom Rentals in New Effington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Effington range from $900 to $2,575, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $2,375. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,270.
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.