Cheap Homes for Rent in Pennington County, SD from $900 (22 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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 1632 Evergreen Dr

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 2 Bath Condo for Rent

Available Now

1632 Evergreen Dr, Unit #16

1632 Evergreen Dr
Rapid CitySD57702

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 2883 Johnson Ranch Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

2883 Johnson Ranch Rd

Rapid CitySD57703

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. Bridgewood Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. 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
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$900
Canyon LakeThe TeddyStudio,1BA$930
The Place at HaineswayTwo Beds, One Bath2BR,1BA$949
Enchanted PinesStudioStudio,1BA$950

Best Value Apartments for Rent in Pennington County, SD

As of July 30, 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 Brennan $1,085 Model at Founders Park Village starting at $1,478 with a $1.34 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.
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
Founders Park VillageBrennan $1,0852BR,2BA$1.34
The RadiantTwo Bedroom Market Rate2BR,1BA$1.12
Southern Cross Apartments2b1b Southern2BR,1BA$1.15
Vista Pointe Apartments2-Bed 1 Bath2BR,1BA$1.32
Countryside Apartments1Bedroom 1 Bathroom1BR,1BA$1.33
The Place at HaineswayThree Beds, One Bath3BR,1BA$1.18
215 E Denver St, Unit 215215 E Denver St1BR,1BA$1.33
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 164 Apartments for Rent in Pennington County, SD with pricing that ranges from $547 to $2,981. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington County ranging from $900 to $2,800.

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 $900 to $2,800 with an average monthly rent of $1,826.

How much are larger Three and Four Bedroom Rentals in Pennington County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Pennington County range from $1,080 to $2,981, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,764.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.