Cheap Apartments for Rent near Parmelee, SD from $400 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in Parmelee.

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.

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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.

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Prairie Tree
$1,035 - $1,245
Total Monthly Price

Total Monthly Price

Base Rent
$1,035 - $1,245
Total Monthly Price
$1,035 - $1,245
1 to 2 Bedroom Apartments Available Nov 7

Prairie Tree

4010 Elm AveRapid City, SD 57701
Affordability
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  • Utilities Included

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.

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property at 109 Saint Anne St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

3 Bedroom, 1 Bath Home for Rent

Available Now

109 Saint Anne St

Rapid CitySD57701
property at 2883 Johnson Ranch Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

2883 Johnson Ranch Rd

Rapid CitySD57703

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.

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Tower Heights
Studio to 2 Bedroom Apartments

Tower Heights

847 Tower RdBox Elder, SD 57719
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440 N Creek Dr
2 Bedroom Apartments

440 N Creek Dr

440 N Creek DrRapid City, SD 57703
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KC Lofts
1 to 2 Bedroom Apartments

KC Lofts

18 E Kansas City StRapid City, SD 57701
Corporate Housing

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.

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Antelope Ridge
2 to 5 Bedroom Apartments

Antelope Ridge

321 Hunt DrBox Elder, SD 57719
Corporate Housing
Showing Results 1-49, Page 1 of 1

Parmelee, SD Local Guide

Cheapest Available Parmelee Apartments for Rent and Nearby

 

The cheapest available apartment rental in Parmelee, SD is a 1 Bed unit found at Missouri View Apartments priced from $499. Great Plains Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Parmelee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Missouri View Apartments1 BD, 1 BA Layout1BR,1BA$499
Great Plains Apartments1 Bed 1 Bath1BR,1BA$500
814 E Highway 44Lamro Units1BR,1BA$625
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$900
Enchanted PinesStudioStudio,1BA$950
Highlands Ridge Apartments1 Bed 1 Bath | 573 sqft1BR,1BA$999
Tallgrass ApartmentsAStudio,1BA$1,000
Freedom LandingStudioStudio,1BA$1,000
Orchard MeadowsStudioStudio,1BA$1,000
Creekside Heights Apartments, LLCEfficiencyStudio,1BA$1,030

Best Value Apartments for Rent in Parmelee, SD and Nearby

As of August 18, 2026 the best value apartment in the Parmelee area is the $1.41 price per square foot Townhome Style 3 Bedroom 2.5 Bathroom w/Garage Model at Shepherd Hills Commons in the starting from $1,915. The second greatest value Parmelee apartment is the The Rose Model at Homestead Garden starting at $1,595 with a $1.34 price per square foot . Here is today’s list of the best values for Parmelee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shepherd Hills CommonsTownhome Style 3 Bedroom 2.5 Bathroom w/Garage3BR,2.5BA$1.41
Homestead GardenThe Rose2BR,2BA$1.34
Harrison Apartments3 Bedroom3BR,1BA$1.03
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$1.11
Vista Pointe Apartments2-Bed 1 Bath2BR,1BA$1.32
The Pines at Rapid1/11BR,1BA$1.35
Missouri View Apartments2 BEDROOM LAYOUT2BR,1BA$1.33
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$1.22
814 E Highway 44Lamro Units1BR,1BA$0.92
Great Plains Apartments1 Bed 1 Bath1BR,1BA$0.77

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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Parmelee, SD Rentals by Map

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Frequently Asked Questions about Cheap Parmelee Apartments

What is the Cheapest Studio apartment in Parmelee?

Currently the most affordable Cheap Studio Apartment in Parmelee is at Enchanted Pines listed at $950.

How much is rent for a Cheap One Bedroom Parmelee Apartment?

The lowest price for a Cheap One Bedroom Parmelee Apartment is $499 at Missouri View Apartments.

What is the lowest price for a Cheap Two Bedroom Parmelee Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Parmelee is starting from $575 at Great Plains Apartments.

What is the most affordable Parmelee Three Bedroom Apartment?

The best deal on a cheap Parmelee Three Bedroom Apartment rental is at Harrison Apartments and starts from $1,040.

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

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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.

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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.

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.