
Cheap Homes for Rent in Parker, SD from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Parker.


813 N Kiwanis Ave

703 N Mundt Ave

3303 W Bitterroot St

133 S Elmwood Ave
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.

234 Elmwood Ave

2904 W 33rd St

2608 N Career Ave

1123 S Bridgeport Pl

5213 W 54th 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.
Parker, SD Local Guide

How much does it cost to rent a home in Parker?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parker 2 Bedroom Homes for Rent | $1,584 | $850 | $3,850 |
| Parker 3 Bedroom Homes for Rent | $1,617 | $1,070 | $2,000 |
| Parker 4 Bedroom Homes for Rent | $2,165 | $1,595 | $3,595 |
| Parker 5 Bedroom Homes for Rent | $2,997 | $2,000 | $3,995 |
Browse Top Homes for Rent in Parker
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Parker, SD Local Guide
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Cheapest Available Parker Apartments for Rent and Nearby
 The cheapest available apartment rental in Parker, SD is a 1 Bed unit found at Forty One Flats priced from $510. Maple Pass Apartments and Townhomes in Hartford, SD has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Parker apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forty One Flats | 1 Bedroom 1 Bathroom | 1BR,1BA | $510 |
| Maple Pass Apartments and Townhomes in Hartford, SD | Rent Special - Studio Apts | Studio,1BA | $825 |
| Roosevelt Estates of Sioux Falls | 1 Bedroom | 1BR,1BA | $835 |
Best Value Apartments for Rent in Parker, SD and Nearby
As of May 08, 2026 the best value apartment in the Parker area is the $1.15 price per square foot 2 Bedroom 2.5 Bathroom Townhome Model at 29 Flats in the in the Southwest Sioux Falls neighborhood starting from $1,500. The second greatest value Parker apartment is the 2bd/2ba Remodel Model at Boulder Creek Apartments starting at $1,280 with a $1.18 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. |
|---|---|---|---|
| 29 Flats | 2 Bedroom 2.5 Bathroom Townhome | 2BR,2.5BA | $1.15 |
| Boulder Creek Apartments | 2bd/2ba Remodel | 2BR,2BA | $1.18 |
| 41st Street Commons | b4 | 2BR,1.5BA | $1.21 |
| Regency Place Apartments - New Leasing Incentives! | 2bd1ba 1000sf | 2BR,1BA | $1.00 |
| Pheasant View Apartments | 2 BD UPPER UNIT LAYOUT | 2BR,1BA | $0.91 |
| Hillcrest Heights Apartments | 2 Bedroom 2 Bathroom Apartment | 2BR,2BA | $1.21 |
| Westview Heights Apartments, LLC | 2Bed/2Bath | 2BR,2BA | $1.26 |
| Mesa Heights Apartments | 2BR/1.0BA | 2BR,1BA | $1.08 |
| LEXINGTON ESTATES | Open concept living with walk-out patio/balcony... | 1BR,1BA | $1.32 |
| Forty One Flats | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.85 |
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.
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!
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Frequently Asked Questions about Parker
What type of rentals are currently available in Parker?
There are currently 39 Apartments for Rent in Parker, SD with pricing that ranges from $825 to $2,380. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parker ranging from $850 to $3,995.
What is the current price range for Rental Homes in Parker?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parker ranges from $850 to $3,995 with an average monthly rent of $1,959.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.