Cheap Apartments for Rent in Olivet, SD from $300 (43 Rentals)

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

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.

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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.

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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.

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Copper Flats
1 to 3 Bedroom Apartments

Copper Flats

2415 S Capital StMitchell, SD 57301
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Forty One Flats
1 to 4 Bedroom Apartments

Forty One Flats

8701 W 41st StSioux Falls, SD 57106
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Cathedral Square II
1 Bedroom Apartments

Cathedral Square II

500 N Langdon StMitchell, SD 57301
Senior Living
  • Utilities Included

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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Greenridge Apartments
1 Bedroom Apartments

Greenridge Apartments

1500 N Kimball StMitchell, SD 57301
Senior Living
  • Utilities Included
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Golden Prairie
1 to 3 Bedroom Apartments

Golden Prairie

2403 S Capital StMitchell, SD 57301

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.

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85 Commons
1 to 3 Bedroom Apartments

85 Commons

7700 S Townsley AveSioux Falls, SD 57108
property at 234 Elmwood Ave

$1,200

3 Bedroom, 1 Bath Townhome for Rent

Available Now

234 Elmwood Ave

Sioux FallsSD57104
property at 2904 W 33rd St

$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

2904 W 33rd St

Sioux FallsSD57105
Showing Results 1-43, Page 1 of 1

Olivet, SD Local Guide

Cheapest Available Olivet Apartments for Rent and Nearby

 

The cheapest available apartment rental in Olivet, SD is a 1 Bed unit found at West Oaks Estate priced from $399. Forty One Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $510. Here is today’s list of the most affordable Olivet apartments for rent:

Apartment ListingModel NameBed/BathPriced From
West Oaks Estate1 bdr/ 1 bath1BR,1BA$399
Forty One Flats1 Bedroom 1 Bathroom1BR,1BA$510
Copper Flats2 Bedroom 1 Bathroom2BR,2BA$621
Pheasant View Apartments3 BD 1 BA Layout3BR,1BA$675
Maple Pass Apartments and Townhomes in Hartford, SDRent Special - Studio AptsStudio,1BA$825
Roosevelt Estates of Sioux Falls1 Bedroom1BR,1BA$835
Westbrook Estates IStudioStudio,1BA$850
The Radius, Tea SD1 Bedroom 1 Bathroom Apartment1BR,1BA$860
Wheatridge Apartments & TownhomesTallgrass1BR,1BA$865
Mesa Heights Apartments2BR/1.0BA2BR,1BA$900

Best Value Apartments for Rent in Olivet, SD and Nearby

As of April 24, 2026 the best value apartment in the Olivet area is the $1.16 price per square foot 2 Bedroom 2.5 Bathroom Townhome Model at 29 Flats in the in the Southwest Sioux Falls neighborhood starting from $1,505. The second greatest value Olivet apartment is the 3 Bedroom 2 Bathroom Second Floor Model at Golden Prairie starting at $1,417 with a $1.16 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.
29 Flats2 Bedroom 2.5 Bathroom Townhome2BR,2.5BA$1.16
Golden Prairie3 Bedroom 2 Bathroom Second Floor3BR,2BA$1.16
Boulder Creek Apartments2bd/2ba Remodel2BR,2BA$1.18
West Oaks Estate2 bd 2 bath Upper Level Unit2BR,2BA$1.06
Regency Place Apartments - New Leasing Incentives!2bd1ba 1000sf2BR,1BA$1.00
Pheasant View Apartments2 BD UPPER UNIT LAYOUT2BR,1BA$0.91
Mesa Heights Apartments2BR/1.0BA2BR,1BA$1.08
Copper Flats2 Bedroom 1 Bathroom2BR,2BA$0.78
Wheatridge Apartments & TownhomesTallgrass1BR,1BA$1.14
Forty One Flats1 Bedroom 1 Bathroom1BR,1BA$0.85

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.

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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.

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The 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.

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Cash 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.

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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.

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

Explore Olivet, SD Rentals by Map

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See the most popular apartments and homes in Olivet, SD

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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 Maple Pass Apartments and Townhomes in Hartford, SD listed at $825.

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

The lowest price for a Cheap One Bedroom Olivet Apartment is $399 at West Oaks Estate.

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 $621 at Copper 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 $675.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.