Cheap Apartments for Rent in Pennington County, SD from $400 (61 Rentals)

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

property at 1219 5th St

$700 - $875

1 Bedroom Rentals

Available May 21

1219 5th St

Rapid CitySD57701
property at 1614 Custer St

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

1 Bedroom, 1 Bath Home for Rent

Available Now

1614 Custer St

Rapid CitySD57701

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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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Driftwood Estates
Studio to 3 Bedroom Apartments

Driftwood Estates

428 E Fairlane DrRapid City, SD 57701
  • Utilities Included
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Heartland Heights
1 to 3 Bedroom Apartments

Heartland Heights

427 Degeest DrRapid City, SD 57703

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Radiant
1 to 3 Bedroom Apartments

The Radiant

28 Racine StRapid City, SD 57701
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Penney-Haines, LLC
Studio to 2 Bedroom Apartments

Penney-Haines, LLC

507 6th StRapid City, SD 57701
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Dakota Drive Apartments
1 to 2 Bedroom Apartments

Dakota Drive Apartments

701-733 Dakota DrRapid City, SD 57702
  • Utilities Included
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Sundial Square
1 to 4 Bedroom Apartments

Sundial Square

118 Waterloo StRapid City, SD 57701
  • Utilities Included
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Edgewood Estates
2 to 3 Bedroom Apartments

Edgewood Estates

721 Eldene LnRapid City, SD 57701
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Showing Results 1-50, Page 1 of 2

Cheapest Available Pennington County Apartments for Rent

 

The cheapest available apartment rental in Pennington County, SD is a 1 Bed unit found at The Radiant in the Downtown Rapid City neighborhood priced from $616. Sundial Square in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $747. Here is today’s list of the most affordable Pennington County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The RadiantOne Bedroom 40%1BR,1BA$616
Sundial Square1 Bedroom - 1 Bathroom1BR,1BA$747
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$865
The Place at HaineswayOne Bed, One Bath1BR,1BA$875
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$900
Enchanted PinesStudioStudio,1BA$950
CARRIAGE GREENOpen living space + spacious master *WAITLIST*1BR,1BA$975
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$995
Moonlight Apartment ComplexStudioStudio,1BA$995

Best Value Apartments for Rent in Pennington County, SD

As of May 01, 2026 the best value apartment in the Pennington County area is the $1.27 price per square foot 3 Beds, 2 baths Model at Stonegate Community in the starting from $1,495. The second greatest value Pennington County apartment is the Brennan $1,085 Model at Founders Park Village starting at $1,478 with a $1.34 price per square foot in the Downtown Rapid City neighborhood. Here is today’s list of the best values for Pennington County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
Founders Park VillageBrennan $1,0852BR,2BA$1.34
Southern Cross Apartments2b1b Southern2BR,1BA$1.15
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$1.03
Vista Pointe Apartments2-Bed 1 Bath2BR,1BA$1.32
The Pines at Rapid1/11BR,1BA$1.32
Orchard MeadowsOne Bedroom1BR,1BA$1.33
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$1.22
720 Haines Ave, Unit B720 Haines Ave2BR,1BA$1.30
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$1.29

Frequently Asked Questions about Cheap Pennington County Apartments

What is the Cheapest Studio apartment in Pennington County?

Currently the most affordable Cheap Studio Apartment in Pennington County is at The Place at Hainesway listed at $730.

How much is rent for a Cheap One Bedroom Pennington County Apartment?

The lowest price for a Cheap One Bedroom Pennington County Apartment is $616 at The Radiant.

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

Today's best deal for a Cheap Two Bedroom Apartment in Pennington County is starting from $865 at Civic Plaza Apartments.

What is the most affordable Pennington County Three Bedroom Apartment?

The best deal on a cheap Pennington County Three Bedroom Apartment rental is at Bridgewood Estates and starts from $1,245.

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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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.

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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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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