Cheap Apartments for Rent in New Underwood, SD from $400 (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
Tower Heights
Studio to 2 Bedroom Apartments

Tower Heights

847 Tower RdBox Elder, SD 57719

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
close
View Me
440 N Creek Dr
2 Bedroom Apartments

440 N Creek Dr

440 N Creek DrRapid City, SD 57703
Showing Results 1-31, Page 1 of 1

New Underwood, SD Local Guide

Cheapest Available New Underwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Underwood, 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 $870. Here is today’s list of the most affordable New Underwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$865
Bridgewood EstatesOpen living space + spacious master1BR,1BA$870
Enchanted PinesStudioStudio,1BA$950
Moonlight Apartment ComplexStudioStudio,1BA$975
Orchard MeadowsStudioStudio,1BA$995
BG Flats Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$1,025
Creekside Heights Apartments, LLCEfficiencyStudio,1BA$1,030
Fox Run Apartments1 Bed - 1 Bath1BR,1BA$1,050
Freedom Landing1 - Bed1BR,1BA$1,075
The Elements, LLCEfficiencyStudio,1BA$1,100

Best Value Apartments for Rent in New Underwood, SD and Nearby

As of July 14, 2025 the best value apartment in the New Underwood area is the $1.30 price per square foot 1 Bedroom 1 Bathroom Model at Johnson Ranch Apartments in the starting from $1,195. The second greatest value New Underwood apartment is the 1 Bedroom 1 Bathroom Model at Countryside Apartments starting at $1,195 with a $1.30 price per square foot . Here is today’s list of the best values for New Underwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Johnson Ranch Apartments1 Bedroom 1 Bathroom1BR,1BA$1.30
Countryside Apartments1 Bedroom 1 Bathroom1BR,1BA$1.30
Shepherd Hills CommonsApartment Style 2 Bedroom 2 Bathroom Accessible2BR,2BA$1.50
Country Bluff ApartmentsThe Roosevelt2BR,1BA$1.37
Mountain View Village1/11BR,1BA$1.40
Champion Villas1 Bedroom 1 Bathroom Apartment1BR,1BA$1.45
Bridgewood EstatesOpen living space + spacious master1BR,1BA$1.18
Fox Run Apartments1 Bed - 1 Bath1BR,1BA$1.47
Creekside Heights Apartments, LLCEfficiencyStudio ,1BA$1.49
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$1.29

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Underwood, SD Rentals by Map

Decorative image of map

See the most popular apartments and homes in New Underwood, SD

View MapNew Underwood, SD Apartments MapView MapNew Underwood, SD Rental Homes Map

Getting Around New Underwood, SD

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

24 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap New Underwood Apartments

What is the Cheapest Studio apartment in New Underwood?

Currently the most affordable Cheap Studio Apartment in New Underwood is at Enchanted Pines listed at $950.

How much is rent for a Cheap One Bedroom New Underwood Apartment?

The lowest price for a Cheap One Bedroom New Underwood Apartment is $870 at Bridgewood Estates.

What is the lowest price for a Cheap Two Bedroom New Underwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Underwood is starting from $865 at Civic Plaza Apartments.

What is the most affordable New Underwood Three Bedroom Apartment?

The best deal on a cheap New Underwood Three Bedroom Apartment rental is at Bridgewood Estates and starts from $1,205.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.