
Cheap Apartments for Rent in Parker, SD from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Parker.


Sunset Villas Apartments

41st Street Commons

Edgewood Apartments

Pheasant View Apartments

Roosevelt Estates of Sioux Falls
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.

Westview Heights Apartments, LLC

Maple Pass Apartments and Townhomes in Hartford, SD

West Briar

Park Place Condominiums

Silos at Ellis Crossing
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.

2012-2012 S Covell Ave

623 S Prairie Ave

5600 W Bakker Park Dr

3506 S Sertoma Ave

9300 W 32nd St
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.
Parker, SD Local Guide

How much does it cost to rent an apartment in Parker?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parker Studio Apartments | $845 | $820 | $870 |
| Parker 1 Bedroom Apartments | $1,028 | $758 | $2,366 |
| Parker 2 Bedroom Apartments | $1,347 | $858 | $2,472 |
| Parker 3 Bedroom Apartments | $1,672 | $949 | $2,063 |
Browse Top Apartments in Parker
See all Apartments in ParkerExplore Parker
Parker, SD Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Parker Apartments for Rent and Nearby
 The cheapest available apartment rental in Parker, SD is a 2 Beds unit found at Forty One Flats priced from $612. Hillcrest Heights Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $758. Here is today’s list of the most affordable Parker apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forty One Flats | 2 Bedroom 2 Bathroom | 2BR,2BA | $612 |
| Hillcrest Heights Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $758 |
| Sunset Villas Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $768 |
| Pheasant View Apartments | 1 BEDROOM | 1BR,1BA | $825 |
| Roosevelt Estates of Sioux Falls | 1 Bedroom | 1BR,1BA | $835 |
Best Value Apartments for Rent in Parker, SD and Nearby
As of December 09, 2025 the best value apartment in the Parker area is the $1.02 price per square foot 2bd2ba Model at Saddle Creek Townhomes in the in the Southwest Sioux Falls neighborhood starting from $1,150. The second greatest value Parker apartment is the 2bd2ba Model at Boulder Creek Apartments starting at $1,199 with a $1.10 price per square foot . Here is today’s list of the best values for Parker apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Saddle Creek Townhomes | 2bd2ba | 2BR,2BA | $1.02 |
| Boulder Creek Apartments | 2bd2ba | 2BR,2BA | $1.10 |
| West Briar | 2 Bedroom 1 Bath | 2BR,1BA | $0.87 |
| Regency Place Apartments | 2bd2ba 1012sf | 2BR,2BA | $1.01 |
| Park Place Condominiums | 2 BEDROOM A | 2BR,1BA | $1.00 |
| Pheasant View Apartments | 1 BEDROOM | 1BR,1BA | $0.98 |
| Mesa Heights Apartments | 2BR/1.0BA | 2BR,1BA | $1.14 |
| Forty One Flats | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.77 |
| Hillcrest Heights Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.15 |
| Sunset Villas Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.16 |
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 ArticleThe 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.
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 Parker, SD Rentals by Map
See the most popular apartments and homes in Parker, SD
Getting Around Parker, SD
Walk Score®
28 / 100
Car-Dependent
Most errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Parker Apartments
How much is rent for a Cheap One Bedroom Parker Apartment?
The lowest price for a Cheap One Bedroom Parker Apartment is $758 at Hillcrest Heights Apartments.
What is the lowest price for a Cheap Two Bedroom Parker Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parker is starting from $612 at Forty One Flats.
What is the most affordable Parker Three Bedroom Apartment?
The best deal on a cheap Parker Three Bedroom Apartment rental is at Forty One Flats and starts from $707.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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.

