
Cheap Homes for Rent in Parkston, SD from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Parkston.


608 S Wisconsin St

304 N Main St

716 W Ash 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.

1301 John Deere Cir

507 W 20th St

101 W Wisconsin St

223 N Main 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.
Parkston, SD Local Guide

How much does it cost to rent a home in Parkston?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkston 2 Bedroom Homes for Rent | $975 | $850 | $1,100 |
| Parkston 3 Bedroom Homes for Rent | $1,359 | $850 | $1,700 |
| Parkston 4 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
| Parkston 5 Bedroom Homes for Rent | $1,400 | $1,400 | $1,400 |
Browse Top Homes for Rent in Parkston
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Parkston, SD Local Guide
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Cheapest Available Parkston Apartments for Rent and Nearby
 The cheapest available apartment rental in Parkston, SD is a 1 Bed unit found at Egan Avenue Residence priced from $645. Saracen Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable Parkston apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Egan Avenue Residence | Bedroom C | 1BR,1BA | $645 |
| Saracen Courts | Unit 404 | 1BR,1BA | $690 |
| The Links | Studio | Studio,1BA | $850 |
Best Value Apartments for Rent in Parkston, SD and Nearby
As of June 13, 2026 the best value apartment in the Parkston area is the $1.53 price per square foot 3B/2B Townhome Model at Wheatridge Apartments & Townhomes in the starting from $1,975. The second greatest value Parkston apartment is the 2 Bedroom Model at Lake Area Townhomes starting at $1,285 with a $1.03 price per square foot . Here is today’s list of the best values for Parkston apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wheatridge Apartments & Townhomes | 3B/2B Townhome | 3BR,2BA | $1.53 |
| Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.03 |
| Maple Pass Apartments & Townhomes | Rent Special - 3 Bed, 2 Bath Apts | 3BR,2BA | $1.08 |
| Westbrook Estates I | 2 Bed 1 Bath | 2BR,1BA | $1.15 |
| Gurney Flats | The Castor | 2BR,2BA | $1.60 |
| Fox Run Townhomes | 1 Bedroom 1 Bathroom - Phase I | 1BR,1BA | $1.36 |
| PLUM VILLA | Unit B | 2BR,1BA | $1.25 |
| Edgerton Place | Edgerton Place Phase II - Studio | Studio ,1BA | $1.84 |
| Flats on Havens | Norway | 1BR,1BA | $2.03 |
| Saracen Courts | Unit 404 | 1BR,1BA | $1.91 |
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 Parkston
What type of rentals are currently available in Parkston?
There are currently 39 Apartments for Rent in Parkston, SD with pricing that ranges from $625 to $1,975. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkston ranging from $575 to $1,700.
What is the current price range for Rental Homes in Parkston?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkston ranges from $575 to $1,700 with an average monthly rent of $1,117.
How much are larger Three and Four Bedroom Rentals in Parkston?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkston range from $1,000 to $1,975, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,700. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,450.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.