Cheap Apartments for Rent in Pennington County, SD from $400 (55 Rentals)

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

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property at 231 Quincy St

$1,000 - $1,200

2 Bedroom Rentals

Available Now

231 Quincy St

Rapid CitySD57701
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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
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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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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Dakota Drive Apartments
1 to 2 Bedroom Apartments

Dakota Drive Apartments

701-733 Dakota DrRapid City, SD 57702
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Edgewood Estates
2 to 3 Bedroom Apartments

Edgewood Estates

721 Eldene LnRapid City, SD 57701
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318 National St
1 to 2 Bedroom Apartments

318 National St

318 National StRapid City, SD 57702
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Tower Heights
Studio to 2 Bedroom Apartments

Tower Heights

847 Tower RdBox Elder, SD 57719
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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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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 2 Beds unit found at Civic Plaza Apartments in the Downtown Rapid City neighborhood priced from $865. The Place at Hainesway in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Pennington County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
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
The Place at Estes ParkOne Bed One Bath1BR,1BA$950
Moonlight Apartment ComplexStudioStudio,1BA$975
CARRIAGE GREENOpen living space + spacious master *WAITLIST*1BR,1BA$975
Rapid Creek Apartments3Bed/2Bath3BR,2BA$979
Split Creek CommonsCherry StudioStudio,1BA$995
Tallgrass ApartmentsAStudio,1BA$1,000

Best Value Apartments for Rent in Pennington County, SD

As of December 29, 2025 the best value apartment in the Pennington County area is the $1.11 price per square foot 3b2b WD Southern Model at Southern Cross Apartments in the starting from $1,400. The second greatest value Pennington County apartment is the 3 Beds, 2 baths Model at Stonegate Community starting at $1,495 with a $1.27 price per square foot . 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.
Southern Cross Apartments3b2b WD Southern3BR,2BA$1.11
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
Founders Park VillageBrennan $1,0852BR,2BA$1.34
Rapid Creek Apartments3Bed/2Bath3BR,2BA$0.98
Sheridan Lake ApartmentsThe Stanford2BR,2BA$1.27
Vista Pointe ApartmentsTwo BR RE townhouse apt2BR,1BA$1.16
The Pines at Rapid1/11BR,1BA$1.29
Johnson Ranch Apartments1 Bedroom 1 Bathroom1BR,1BA$1.30
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 a cheap apartment in Pennington County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pennington County is under $1,000.

What is the price of a cheap apartment in Pennington County?

The cheapest apartment in Pennington County is The Place at Hainesway which is listed at $875, while the average apartment in Pennington County costs $1,680.

What types of apartments are the cheapest in Pennington County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Pennington County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Pennington County?

Cheap apartments in Pennington County have an average cost of $1,058 which is $622 cheaper than the average rent for all rentals in Pennington County.

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 How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!