Cheap Apartments for Rent in Pennington County, SD from $497 (84 Rentals)

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

property at 334 St Patrick St
$695 - $1,200
1 To 2 Bedroom Rentals
Available Now
Affordability

334 St Patrick St

Rapid CitySD57701

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.

property at 3737 Sturgis Rd
$895 - $1,200
Studio To 1 Bedroom Rentals
Available Now
Affordability

3737 Sturgis Rd

Rapid CitySD57702

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

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property at 5 E Kansas City St
$750 - $950
1 Bedroom Rentals
Available Now
Affordability

5 E Kansas City St

Rapid CitySD57701

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.

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.

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.

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. Civic Plaza Apartments in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $865. Here is today’s list of the most affordable Pennington County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The RadiantOne Bedroom Market Rate1BR,1BA$616
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$865
Badlands ApartmentsOne Bed, One Bath1BR,1BA$875
LaCrosse Estates Apartment HomesHOT SIZZLIN SUMMER DEALS! $500 DEPOSIT! NO APPL...1BR,1BA$886
3010 W Omaha St2BR/1.0BA2BR,1BA$895
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$900
Enchanted PinesStudioStudio,1BA$950

Best Value Apartments for Rent in Pennington County, SD

As of September 14, 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 Two Bedroom Market Rate Model at The Radiant starting at $1,152 with a $1.12 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
The RadiantTwo Bedroom Market Rate2BR,1BA$1.12
Southern Cross Apartments2b1b Southern2BR,1BA$1.15
107 Franklin St, Unit 107 1/2 Franklin lower107 Franklin St2BR,1BA$1.12
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$1.11
CARRIAGE GREENSpacious living + master walk-in closet *WAITLIST*2BR,1BA$1.16
3010 W Omaha St2BR/1.0BA2BR,1BA$1.12
215 E Denver St, Unit 215215 E Denver St1BR,1BA$1.07
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$1.22
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 Enchanted Pines listed at $950.

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 $740 at The Radiant.

What is the most affordable Pennington County Three Bedroom Apartment?

The best deal on a cheap Pennington County Three Bedroom Apartment rental is at Badlands Apartments and starts from $1,096.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.