
Cheap Homes for Rent near Olivet, SD from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Olivet.


223 N Main St

101 W Wisconsin St

618 S Edmunds St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

630 E 4th St

1200 E 3rd Ave

710 S Wisconsin St

713-715 W 16th St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

623 E Hanson Ave
Olivet, SD Local Guide

How much does it cost to rent a home in Olivet?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olivet 2 Bedroom Homes for Rent | $1,447 | $900 | $3,850 |
| Olivet 3 Bedroom Homes for Rent | $1,860 | $1,200 | $3,500 |
| Olivet 4 Bedroom Homes for Rent | $2,423 | $1,500 | $3,595 |
| Olivet 5 Bedroom Homes for Rent | $2,848 | $2,250 | $3,995 |
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Olivet, SD Local Guide
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Cheapest Available Olivet Apartments for Rent and Nearby
 The cheapest available apartment rental in Olivet, SD is a 1 Bed unit found at Ashbrook Trail Apartments priced from $460. Forty One Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $612. Here is today’s list of the most affordable Olivet apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashbrook Trail Apartments | 1 Bed, 1 bath | 1BR,1BA | $460 |
| Forty One Flats | 2 Bedroom 1 Bathroom | 2BR,2BA | $612 |
| Copper Flats | 2 Bedroom 1 Bathroom | 2BR,1BA | $621 |
Best Value Apartments for Rent in Olivet, SD and Nearby
As of July 27, 2026 the best value apartment in the Olivet area is the $1.04 price per square foot 2bd2ba 1220sf Model at Regency Place Apartments in the starting from $1,265. The second greatest value Olivet apartment is the 3 BD 1 BA Layout Model at Pheasant View Apartments starting at $975 with a $0.90 price per square foot . Here is today’s list of the best values for Olivet apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Regency Place Apartments | 2bd2ba 1220sf | 2BR,2BA | $1.04 |
| Pheasant View Apartments | 3 BD 1 BA Layout | 3BR,1BA | $0.90 |
| Boulder Creek Apartments | 2bd/2ba Remodel | 2BR,2BA | $1.18 |
| West Oaks Estate | 2 bd, 2 ba Lower Level Unit | 2BR,2BA | $1.06 |
| Edgerton Place | Edgerton Place Phase II - 2 Bed 2 Bath | 2BR,2BA | $1.23 |
| Hillcrest Heights Apartments | 1 Bedroom 1 Bathroom + Den Apartment | 1BR,1BA | $1.23 |
| Mesa Heights Apartments | 2BR/1.0BA | 2BR,1BA | $1.08 |
| Forty One Flats | 2 Bedroom 1 Bathroom | 2BR,2BA | $0.77 |
| Copper Flats | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.78 |
| Ashbrook Trail Apartments | 1 Bed, 1 bath | 1BR,1BA | $0.60 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Olivet
What type of rentals are currently available in Olivet?
There are currently 50 Apartments for Rent in Olivet, SD with pricing that ranges from $460 to $2,275. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olivet ranging from $750 to $3,995.
What is the current price range for Rental Homes in Olivet?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Olivet ranges from $750 to $3,995 with an average monthly rent of $1,922.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.