Cheap Apartments for Rent in Pennington County, SD from $400 (66 Rentals)

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

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.

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property at 1935 38th St

$895 - $1,200

1 To 2 Bedroom Rentals

Available Now

1935 38th St

Rapid CitySD57702

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property at 3537 School Dr

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

3537 School Dr

Rapid CitySD57703
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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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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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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 Heartland Heights priced from $435. 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
Heartland Heights1 Bedroom 1 Bathroom1BR,1BA$435
The Place at HaineswayStudioStudio,1BA$730
The RadiantOne Bedroom 50%1BR,1BA$784
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$865
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$900
Enchanted PinesStudioStudio,1BA$950
CARRIAGE GREENOpen living space + spacious master *WAITLIST*1BR,1BA$975
Moonlight Apartment ComplexStudioStudio,1BA$995
318 National St2/12BR,1BA$995

Best Value Apartments for Rent in Pennington County, SD

As of March 17, 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 2b1b WD Southern Model at Southern Cross Apartments starting at $1,200 with a $1.10 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.
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
Southern Cross Apartments2b1b WD Southern2BR,1BA$1.10
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$1.11
Sheridan Lake ApartmentsThe Kensington2BR,2BA$1.26
The Pines at Rapid1/11BR,1BA$1.29
Country Bluff ApartmentsThe Lincoln2BR,1BA$1.26
3737 Sturgis Rd, Unit 153737 Sturgis Rd1BR,1BA$1.24
Heartland Heights2 Bedroom 1 Bathroom2BR,1BA$0.88
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 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 $435 at Heartland Heights.

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 $697 at Heartland Heights.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.