Cheap Apartments for Rent in Pennington County, SD from $400 (50 Rentals)

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

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property at 601 E North St

601 E North St

Rapid CitySD57701

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property at 1935 38th St

1935 38th St

Rapid CitySD57702

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Driftwood Estates
Studio to 3 Bedroom Apartments

Driftwood Estates

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

Heartland Heights

427 Degeest DrRapid City, SD 57703
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Edgewood Estates
2 to 3 Bedroom Apartments

Edgewood Estates

721 Eldene LnRapid 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
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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
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CARRIAGE GREEN
1 to 3 Bedroom Apartments

CARRIAGE GREEN

4205 Elm AveRapid City, SD 57701
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Moonlight Apartments
Studio to 2 Bedroom Apartments

Moonlight Apartments

1062 Valley DrRapid City, SD 57703
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1320 Quincy St
Studio to 3 Bedroom Apartments

1320 Quincy St

1320 Quincy StRapid City, SD 57701
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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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Showing Results 1-50, Page 1 of 1

Cheapest Available Pennington County Apartments for Rent

 

The cheapest available apartment rental in Pennington County, SD is a 1 Bed unit found at The Place at Estes Park in the Downtown Rapid City neighborhood priced from $590. The Place at Hainesway in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $730. Here is today’s list of the most affordable Pennington County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at Estes ParkOne Bed One Bath1BR,1BA$590
The Place at HaineswayStudioStudio,1BA$730
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$865
Bridgewood EstatesOpen living space + spacious master1BR,1BA$870
BG Flats ApartmentsStudio ApartmentStudio,1BA$910
Shepherd Hills CommonsApartment Style StudioStudio,1BA$945
CARRIAGE GREENOpen living space + spacious master1BR,1BA$945
Enchanted PinesStudioStudio,1BA$950

Best Value Apartments for Rent in Pennington County, SD

As of September 12, 2025 the best value apartment in the Pennington County area is the $1.22 price per square foot 3/2 Model at The Pines at Rapid in the starting from $1,699. The second greatest value Pennington County apartment is the 3b2b WD Southern Model at Southern Cross Apartments starting at $1,400 with a $1.11 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.
The Pines at Rapid3/23BR,2BA$1.22
Southern Cross Apartments3b2b WD Southern3BR,2BA$1.11
410 Quincy St, Unit 410 Quincy St410 Quincy St2BR,1BA$1.10
Boulder Creek ApartmentsBoulder Two Bedroom2BR,2BA$1.13
Johnson Ranch Apartments2 Bedroom 2 Bath2BR,2BA$1.27
The RadiantTwo Bedroom 60%2BR,1BA$1.11
The Place at Estes ParkTwo Bed One Bath2BR,1BA$1.08
Sheridan Lake ApartmentsThe Windsor2BR,1BA$1.25
811 Mallow St, Unit 4811 Mallow St2BR,1BA$1.20
Bridgewood EstatesOpen living space + spacious master1BR,1BA$1.18

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 $950.

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

The cheapest apartment in Pennington County is The Place at Estes Park which is listed at $590, 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 8 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 $1,564 which is $151 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.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.