Cheap Apartments for Rent in Philip, SD from $600 (22 Rentals)

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

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Tower Heights
Studio to 2 Bedroom Apartments

Tower Heights

847 Tower RdBox Elder, SD 57719
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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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Philip, SD Local Guide

Cheapest Available Philip Apartments for Rent and Nearby

 

The cheapest available apartment rental in Philip, SD is a 1 Bed unit found at Riverview Apartments priced from $644. 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 Philip apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview Apartments1 Bed 1 Bath Apartment1BR,1BA$644
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$900
BG Flats ApartmentsStudio ApartmentStudio,1BA$920
Shepherd Hills CommonsApartment Style StudioStudio,1BA$945
Prairie Vista Apartments1702 Abbey Road - 1222BR,2BA$945

Best Value Apartments for Rent in Philip, SD and Nearby

As of October 29, 2025 the best value apartment in the Philip 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 Philip apartment is the Phase 4 Two Bedroom Model at Boulder Creek Apartments starting at $1,215 with a $1.10 price per square foot . Here is today’s list of the best values for Philip apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
Boulder Creek ApartmentsPhase 4 Two Bedroom2BR,2BA$1.10
Johnson Ranch Apartments2 Bedroom 2 Bath2BR,2BA$1.27
Lancer Court Apartments2 Bed / 2 Bath2BR,2BA$1.29
Prairie Vista Apartments1702 Abbey Road - 1222BR,2BA$1.01
The Pines at Rapid1/11BR,1BA$1.29
Orchard MeadowsOne Bedroom1BR,1BA$1.30
Bridgewood EstatesOpen living space + spacious master *WAITLIST*1BR,1BA$1.22
The Place at Estes ParkOne Bed One Bath1BR,1BA$1.38
Riverview Apartments1 Bed 1 Bath Apartment1BR,1BA$1.34

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Getting Around Philip, SD

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Philip Apartments

What is the Cheapest Studio apartment in Philip?

Currently the most affordable Cheap Studio Apartment in Philip is at BG Flats Apartments listed at $920.

How much is rent for a Cheap One Bedroom Philip Apartment?

The lowest price for a Cheap One Bedroom Philip Apartment is $644 at Riverview Apartments.

What is the lowest price for a Cheap Two Bedroom Philip Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Philip is starting from $945 at Prairie Vista Apartments.

What is the most affordable Philip Three Bedroom Apartment?

The best deal on a cheap Philip Three Bedroom Apartment rental is at Bridgewood Estates and starts from $1,245.

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 Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.