Cheap Homes for Rent in Pennington County, SD from $800 (20 Rentals)

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Search the lowest-cost Homes 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 145 Indiana St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

145 Indiana St

Rapid CitySD57701
property at 3988 Fairway Hills Dr

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

2 Bedroom, 2 Bath Condo for Rent

Available Now

3988 Fairway Hills Dr, Unit 3988

3988 Fairway Hills Dr
Rapid CitySD57702

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$865
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 February 25, 2026 the best value apartment in the Pennington County area is the $1.08 price per square foot 3b2b Southern Model at Southern Cross Apartments in the starting from $1,350. 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 Southern3BR,2BA$1.08
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
Boulder Creek ApartmentsBoulder Two Bedroom2BR,2BA$1.13
Rapid Creek Apartments3Bed/2Bath3BR,2BA$0.98
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$1.11
Vista Pointe Apartments2-Bed 1 Bath2BR,1BA$1.32
Johnson Ranch Apartments1 Bedroom 1 Bathroom1BR,1BA$1.30
Country Bluff ApartmentsThe Lincoln2BR,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 Pennington County

What type of rentals are currently available in Pennington County?

There are currently 156 Apartments for Rent in Pennington County, SD with pricing that ranges from $547 to $3,545. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington County ranging from $850 to $3,000.

What is the current price range for Rental Homes in Pennington County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pennington County ranges from $850 to $3,000 with an average monthly rent of $1,575.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.