Cheap Apartments for Rent in Owanka, SD from $500 (33 Rentals)

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

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.

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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Tower Heights
Studio to 2 Bedroom Apartments

Tower Heights

847 Tower RdBox Elder, SD 57719
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440 N Creek Dr
2 Bedroom Apartments

440 N Creek Dr

440 N Creek DrRapid City, SD 57703

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.

Owanka, SD Local Guide

Cheapest Available Owanka Apartments for Rent and Nearby

 

The cheapest available apartment rental in Owanka, SD is a Studio unit found at Robbinsdale Heights 1 priced from $655. 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 Owanka apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Robbinsdale Heights 1Efficiency - InteriorStudio,1BA$655
The Place at HaineswayStudioStudio,1BA$730
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$865
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$900
Enchanted PinesStudioStudio,1BA$950
Freedom LandingStudioStudio,1BA$975
Moonlight Apartment ComplexStudioStudio,1BA$995
Vistas at Cheyenne PassStudioStudio,1BA$995
Orchard MeadowsStudioStudio,1BA$1,000
Tallgrass ApartmentsAStudio,1BA$1,000

Best Value Apartments for Rent in Owanka, SD and Nearby

As of February 21, 2026 the best value apartment in the Owanka area is the $1.27 price per square foot Dakota Acres 3 Bed Model at Antelope Ridge in the starting from $1,680. The second greatest value Owanka apartment is the 3 Beds, 2 baths Model at Stonegate Community starting at $1,495 with a $1.27 price per square foot . Here is today’s list of the best values for Owanka apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Antelope RidgeDakota Acres 3 Bed3BR,2.5BA$1.27
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
Boulder Creek ApartmentsBoulder Two Bedroom2BR,2BA$1.13
Johnson Ranch Apartments2 Bedroom 2 Bath2BR,2BA$1.20
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$1.11
Vista Pointe Apartments2-Bed 1 Bath2BR,1BA$1.32
The Pines at Rapid1/11BR,1BA$1.29
Prairie Tree Apartments2A2BR,1BA$1.40
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$1.22
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$1.29

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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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!

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Frequently Asked Questions about Cheap Owanka Apartments

What is the Cheapest Studio apartment in Owanka?

Currently the most affordable Cheap Studio Apartment in Owanka is at Robbinsdale Heights 1 listed at $655.

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

The lowest price for a Cheap One Bedroom Owanka Apartment is $875 at The Place at Hainesway.

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

Today's best deal for a Cheap Two Bedroom Apartment in Owanka is starting from $865 at Civic Plaza Apartments.

What is the most affordable Owanka Three Bedroom Apartment?

The best deal on a cheap Owanka 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.