Cheap Apartments for Rent in Pennington County, SD from $400 (63 Rentals)

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

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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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Dakota Drive Apartments
1 to 2 Bedroom Apartments

Dakota Drive Apartments

701-733 Dakota DrRapid City, SD 57702
  • Utilities Included

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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
Champion Villas1 Bedroom 1 Bathroom Apartment1BR,1BA$920
BG Flats ApartmentsStudio ApartmentStudio,1BA$935
Enchanted PinesStudioStudio,1BA$950
The RadiantOne Bedroom 60%1BR,1BA$953
Moonlight Apartment ComplexStudioStudio,1BA$975
CARRIAGE GREENOpen living space + spacious master *WAITLIST*1BR,1BA$975
Canyon Lake ApartmentsA11BR,1BA$975

Best Value Apartments for Rent in Pennington County, SD

As of November 12, 2025 the best value apartment in the Pennington County area is the $0.89 price per square foot 618 Saint Joseph St Model at 618 Saint Joseph St, Unit #4 in the in the Downtown Rapid City neighborhood starting from $1,600. The second greatest value Pennington County apartment is the 811 Mallow St Model at 811 Mallow St, Unit 7 starting at $1,025 with a $0.93 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.
618 Saint Joseph St, Unit #4618 Saint Joseph St2BR,2BA$0.89
811 Mallow St, Unit 7811 Mallow St3BR,1BA$0.93
Boulder Creek ApartmentsPhase 4 Two Bedroom2BR,2BA$1.10
Countryside Apartments2Bedroom 2bathroom2BR,2BA$1.20
Fox Run Apartments2BR/2.0BA2BR,2BA$1.25
Rapid Creek Apartments3Bed/2Bath3BR,2BA$0.98
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$1.11
Sheridan Lake ApartmentsThe Windsor2BR,1BA$1.25
Champion Villas1 Bedroom 1 Bathroom Apartment1BR,1BA$1.15
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$1.22

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 $975.

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 $1,715.

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 15 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 $657 cheaper than the average rent for all rentals in Pennington County.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.