
Cheap Homes for Rent in Owanka, SD from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Owanka.


24 E Signal Dr
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.

607 Quincy St

117 E Monroe St
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.

438 E Idaho St
Owanka, SD Local Guide

How much does it cost to rent a home in Owanka?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Owanka 2 Bedroom Homes for Rent | $1,341 | $900 | $2,000 |
Owanka 3 Bedroom Homes for Rent | $1,803 | $1,350 | $2,350 |
Owanka 4 Bedroom Homes for Rent | $2,361 | $1,550 | $2,885 |
Browse Top Homes for Rent in Owanka
Explore Owanka
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 Studio unit found at BG Flats Apartments priced from $840. Civic Plaza Apartments in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $865. Here is today’s list of the most affordable Owanka apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
BG Flats Apartments | Studio Apartment | Studio,1BA | $840 |
Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $865 |
Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $870 |
Best Value Apartments for Rent in Owanka, SD and Nearby
As of October 16, 2025 the best value apartment in the Owanka area is the $1.22 price per square foot 3/2 Model at The Pines at Rapid in the starting from $1,699. 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. |
---|---|---|---|
The Pines at Rapid | 3/2 | 3BR,2BA | $1.22 |
Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
Boulder Creek Apartments | Phase 4 Two Bedroom | 2BR,2BA | $1.10 |
Johnson Ranch Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.27 |
Lancer Court Apartments | 2 Bed / 2 Bath | 2BR,2BA | $1.29 |
Orchard Meadows | One Bedroom | 1BR,1BA | $1.30 |
Countryside Apartments | 1Bedroom 1 Bathroom | 1BR,1BA | $1.30 |
Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1.18 |
Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $1.29 |
The Place at Hainesway | One Bed, One Bath | 1BR,1BA | $1.35 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Owanka
What type of rentals are currently available in Owanka?
There are currently 38 Apartments for Rent in Owanka, SD with pricing that ranges from $485 to $3,045. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Owanka ranging from $500 to $2,885.
What is the current price range for Rental Homes in Owanka?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Owanka ranges from $500 to $2,885 with an average monthly rent of $1,563.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.