Cheap Apartments for Rent in Olivet, SD from $300 (3 Rentals)

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

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.

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.

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Forty One Flats
1 to 3 Bedroom Apartments

Forty One Flats

8701 W 41st StSioux Falls, SD 57106

Olivet, SD Local Guide

Best Value Apartments for Rent in Olivet, SD and Nearby

As of July 06, 2025 the best value apartment in the Olivet area is the $1.10 price per square foot 3 Bedroom 2 Bathroom Model at Rocky Ridge Townhomes in the starting from $1,875. The second greatest value Olivet apartment is the Upper Apartment Model at Fifth Street Apartments & Townhouses starting at $1,450 with a $1.20 price per square foot . Here is today’s list of the best values for Olivet apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rocky Ridge Townhomes3 Bedroom 2 Bathroom3BR,2BA$1.10
Fifth Street Apartments & TownhousesUpper Apartment3BR,2BA$1.20
Copper Flats3 Bedroom 2 Bathroom3BR,2BA$0.96
West Briar Estates2 Bedroom 1 Bath2BR,1BA$1.01
Roosevelt Estates of Sioux Falls2 Bedroom2BR,1BA$1.13
Edgerton PlaceEdgerton Plase Phase I - 2 Bed 1 Bath2BR,1BA$1.18
Park Place Condominiums2 BEDROOM A2BR,1BA$1.00
Pheasant View Apartments1 BEDROOM1BR,1BA$0.98
Forty One Flats2 Bedroom 2 Bathroom2BR,2BA$0.77
Regency Place Apartments1bd1ba No WD 777sf1BR,1BA$1.03

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

Explore Olivet, SD Rentals by Map

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Getting Around Olivet, SD

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Olivet Apartments

What is the Cheapest Studio apartment in Olivet?

Currently the most affordable Cheap Studio Apartment in Olivet is at West Oaks Estates listed at $849.

How much is rent for a Cheap One Bedroom Olivet Apartment?

The lowest price for a Cheap One Bedroom Olivet Apartment is $480 at Copper Flats.

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

Today's best deal for a Cheap Two Bedroom Apartment in Olivet is starting from $612 at Forty One Flats.

What is the most affordable Olivet Three Bedroom Apartment?

The best deal on a cheap Olivet Three Bedroom Apartment rental is at Pheasant View Apartments and starts from $949.

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.

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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.

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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.

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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.