
Cheap Apartments for Rent near Owanka, SD from $558 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Owanka.


Robbinsdale Heights 1

Badlands Apartments

Civic Plaza Apartments

LaCrosse Estates Apartment Homes

Bridgewood Estates

Enchanted Pines

Countryside Apartments

Freedom Landing

Johnson Ranch Apartments
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.

Sedona Flats

Tallgrass Apartments

Orchard Meadows

Shepherd Hills Commons

The Union

Creekside Heights Apartments, LLC

Sagebrush Flats

BG Flats Apartments

Boulder Creek Apartments

Country Bluff Apartments
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.

Total Monthly Price
Prairie Tree

Camden Heights

Fox Run Apartments

The Elements, LLC

Mountain View Village

10Bedrock Apartments

The Pines at Rapid

Buffalo Run

Gateway Apartments

Vista Pointe Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Homestead Garden

Stonegate Community

Block5

Jayhawks Patio Home Apartments

Tower Heights

904 Willsie Ave

4 E Signal Dr

604 Haines Ave

Vistas at Cheyenne Pass

440 N Creek Dr
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.

Moonlight Apartment Complex

KC Lofts

Lancer Court Apartments

Boulder Creek Estates

Butterfly Apartments

30 E Saint Patrick St

Antelope Ridge

234 Wilder Ct

1373 Dakota Dr

2303 Walnut Dr
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.
Owanka, SD Local Guide

How much does it cost to rent an apartment in Owanka?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Owanka Studio Apartments | $1,100 | $665 | $1,588 |
| Owanka 1 Bedroom Apartments | $1,244 | $602 | $2,278 |
| Owanka 2 Bedroom Apartments | $1,438 | $741 | $3,020 |
| Owanka 3 Bedroom Apartments | $1,698 | $1,080 | $2,981 |
| Owanka 4 Bedroom Apartments | $1,764 | $1,764 | $1,764 |
Browse Top Apartments in Owanka
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Owanka, SD Local Guide
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Cheapest Available Owanka Apartments for Rent and Nearby
 The cheapest available apartment rental in Owanka, SD is a 2 Beds unit found at Civic Plaza Apartments in the Downtown Rapid City neighborhood priced from $865. LaCrosse Estates Apartment Homes in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $886. Here is today’s list of the most affordable Owanka apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $865 |
| LaCrosse Estates Apartment Homes | HOT SIZZLIN SUMMER DEALS! $500 DEPOSIT! NO APPL... | 1BR,1BA | $886 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $900 |
| Badlands Apartments | Two Beds, One Bath | 2BR,1BA | $949 |
| Enchanted Pines | Studio | Studio,1BA | $950 |
| Tallgrass Apartments | A | Studio,1BA | $1,000 |
| Freedom Landing | Studio | Studio,1BA | $1,000 |
| Creekside Heights Apartments, LLC | Efficiency | Studio,1BA | $1,035 |
| Sagebrush Flats | 1 Bed, 1 bath | 1BR,1BA | $1,052 |
| The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1,075 |
Best Value Apartments for Rent in Owanka, SD and Nearby
As of September 05, 2026 the best value apartment in the Owanka area is the $1.45 price per square foot Unit 3A (4th Floor) Model at 10Bedrock Apartments in the starting from $1,975. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10Bedrock Apartments | Unit 3A (4th Floor) | 3BR,2BA | $1.45 |
| Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
| Mountain View Village | 3 Bedroom | 3BR,2BA | $1.45 |
| Antelope Ridge | Dakota Acres 2 Bed Single Level | 2BR,1BA | $1.43 |
| The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1.11 |
| Vista Pointe Apartments | 2-Bed 1 Bath | 2BR,1BA | $1.32 |
| The Pines at Rapid | 1/1 | 1BR,1BA | $1.32 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1.22 |
| Badlands Apartments | Two Beds, One Bath | 2BR,1BA | $1.36 |
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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 Owanka, SD Rentals by Map
See the most popular apartments and homes in Owanka, SD
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 Enchanted Pines listed at $950.
How much is rent for a Cheap One Bedroom Owanka Apartment?
The lowest price for a Cheap One Bedroom Owanka Apartment is $886 at LaCrosse Estates Apartment Homes.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.