
Cheap Homes for Rent in New Underwood, SD from $1,100 (13 Rentals)
Search the lowest-cost Homes available for rent right now in New Underwood.


205.5 E Watertown St

438 E Idaho St

136 St Anne St

313 E Tallent St

1311 Sydney Dr

1038 E Tallent St

720 Box Elder Rd W

314 E Adams St

3410 Cypress St

134 Anamosa St

229 Mellette Ct

1114 Racine St
New Underwood, SD Local Guide

How much does it cost to rent a home in New Underwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New Underwood 2 Bedroom Homes for Rent | $1,362 | $1,100 | $1,500 |
New Underwood 3 Bedroom Homes for Rent | $1,893 | $1,400 | $2,350 |
New Underwood 4 Bedroom Homes for Rent | $2,069 | $1,300 | $2,700 |
New Underwood 5 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
Browse Top Homes for Rent in New Underwood
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New Underwood, SD Local Guide
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Cheapest Available New Underwood Apartments for Rent and Nearby
 The cheapest available apartment rental in New Underwood, SD is a 1 Bed unit found at The Place at Estes Park in the Downtown Rapid City neighborhood priced from $590. The Place at Hainesway in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $730. Here is today’s list of the most affordable New Underwood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Place at Estes Park | One Bed One Bath | 1BR,1BA | $590 |
The Place at Hainesway | Studio | Studio,1BA | $730 |
Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $865 |
Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $870 |
BG Flats Apartments | Studio Apartment | Studio,1BA | $935 |
Best Value Apartments for Rent in New Underwood, SD and Nearby
As of September 12, 2025 the best value apartment in the New Underwood area is the $1.22 price per square foot 3/2 Model at The Pines at Rapid in the starting from $1,699. The second greatest value New Underwood apartment is the 3 Bedroom 2 Bathroom Apartment Model at Champion Villas starting at $1,525 with a $1.34 price per square foot . Here is today’s list of the best values for New Underwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Pines at Rapid | 3/2 | 3BR,2BA | $1.22 |
Champion Villas | 3 Bedroom 2 Bathroom Apartment | 3BR,2BA | $1.34 |
Johnson Ranch Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.27 |
Countryside Apartments | 2Bedroom 2bathroom | 2BR,2BA | $1.27 |
Lancer Court Apartments | 2 Bed / 2 Bath | 2BR,2BA | $1.29 |
The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1.11 |
Mountain View Village | 1/1 | 1BR,1BA | $1.40 |
Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $1.18 |
Fox Run Apartments | 1 Bed - 1 Bath | 1BR,1BA | $1.47 |
Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $1.29 |
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Frequently Asked Questions about New Underwood
What type of rentals are currently available in New Underwood?
There are currently 38 Apartments for Rent in New Underwood, SD with pricing that ranges from $485 to $3,045. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Underwood ranging from $1,100 to $2,700.
What is the current price range for Rental Homes in New Underwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Underwood ranges from $1,100 to $2,700 with an average monthly rent of $1,954.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.