
Cheap Apartments for Rent in Oelrichs, SD from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Oelrichs.


Robbinsdale Heights

Shepherd Hills Commons

Bridgewood Estates

Ponderosa Apartments

Enchanted Pines

BG Flats Apartments

Sedona Flats

Moonlight Apartment Complex
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.

Orchard Meadows

Johnson Ranch Apartments

Copper Ridge Apartments

Creekside Heights Apartments, LLC

Prairie Tree Apartments

334 Gwinn Ave

Country Bluff Apartments

Split Creek Commons

Canyon Lake 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.

The Elements, LLC

Gateway Apartments

Sheridan Lake Apartments

Stoney Creek Highlands

The VUE at Catron

The Altitude Villas

Red Rock Apartments

1626 Evergreen Dr, Unit 16, Unit 16

Boulder Creek 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.

70 12th St

901 4th Ave

811 6th St

727 E 20th Ave

Mesa Flats

216 E Denver St

KC Lofts

Boulder Creek Estates

107 Gumbo Dr
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.

517 E Saint Patrick St
Oelrichs, SD Local Guide

How much does it cost to rent an apartment in Oelrichs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oelrichs Studio Apartments | $1,088 | $655 | $1,611 |
| Oelrichs 1 Bedroom Apartments | $1,336 | $547 | $2,345 |
| Oelrichs 2 Bedroom Apartments | $1,544 | $726 | $3,220 |
| Oelrichs 3 Bedroom Apartments | $1,773 | $1,245 | $2,150 |
Browse Top Apartments in Oelrichs
See all Apartments in OelrichsExplore Oelrichs
Oelrichs, SD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Oelrichs Apartments for Rent and Nearby
 The cheapest available apartment rental in Oelrichs, SD is a 1 Bed unit found at Bridgewood Estates priced from $900. Ponderosa Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here is today’s list of the most affordable Oelrichs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $900 |
| Ponderosa Apartments | Studio Units | Studio,1BA | $925 |
| Enchanted Pines | Studio | Studio,1BA | $950 |
| Sedona Flats | Studio | Studio,1BA | $982 |
| Moonlight Apartment Complex | Studio | Studio,1BA | $995 |
| The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $995 |
| Orchard Meadows | Studio | Studio,1BA | $1,000 |
| Johnson Ranch Apartments | Studio | Studio,1BA | $1,000 |
| Copper Ridge Apartments | A | Studio,1BA | $1,025 |
| BG Flats Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1,085 |
Best Value Apartments for Rent in Oelrichs, SD and Nearby
As of April 15, 2026 the best value apartment in the Oelrichs area is the $1.27 price per square foot 3 Beds, 2 baths Model at Stonegate Community in the starting from $1,495. The second greatest value Oelrichs apartment is the 2Bed/2Bath Model at The Elements, LLC starting at $1,750 with a $1.53 price per square foot in the Downtown Rapid City neighborhood. Here is today’s list of the best values for Oelrichs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
| The Elements, LLC | 2Bed/2Bath | 2BR,2BA | $1.53 |
| Creekside Heights Apartments, LLC | 2 Bed/2Bath | 2BR,2BA | $1.48 |
| The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1.03 |
| Gateway Apartments | 2 Bedroom | 2BR,2BA | $1.44 |
| Sheridan Lake Apartments | The Windsor | 2BR,1BA | $1.23 |
| Vista Pointe Apartments | 2-Bed 1 Bath | 2BR,1BA | $1.32 |
| The Pines at Rapid | 1/1 | 1BR,1BA | $1.32 |
| Canyon Lake Apartments | B2 | 2BR,1BA | $1.44 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1.22 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Oelrichs, SD Rentals by Map
See the most popular apartments and homes in Oelrichs, SD
Frequently Asked Questions about Cheap Oelrichs Apartments
What is the Cheapest Studio apartment in Oelrichs?
Currently the most affordable Cheap Studio Apartment in Oelrichs is at Ponderosa Apartments listed at $925.
How much is rent for a Cheap One Bedroom Oelrichs Apartment?
The lowest price for a Cheap One Bedroom Oelrichs Apartment is $900 at Bridgewood Estates.
What is the lowest price for a Cheap Two Bedroom Oelrichs Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oelrichs is starting from $995 at The Place at Estes Park.
What is the most affordable Oelrichs Three Bedroom Apartment?
The best deal on a cheap Oelrichs Three Bedroom Apartment rental is at Bridgewood Estates and starts from $1,245.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.