
Cheap Homes for Rent near Philip, SD from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Philip.


820 Holcomb Ave

411 E Denver St

904 Willsie Ave
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.

30 E Saint Patrick St

1021 Dilger Ave

353 Mickelson Ct

274 Dunn Ct
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Philip, SD Local Guide

How much does it cost to rent a home in Philip?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Philip 2 Bedroom Homes for Rent | $1,594 | $900 | $2,600 |
| Philip 3 Bedroom Homes for Rent | $2,159 | $1,775 | $2,800 |
| Philip 4 Bedroom Homes for Rent | $2,323 | $2,100 | $2,550 |
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Philip, SD Local Guide
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Cheapest Available Philip Apartments for Rent and Nearby
 The cheapest available apartment rental in Philip, SD is a 1 Bed unit found at Missouri View Apartments priced from $499. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Missouri View Apartments | 1 BD, 1 BA Layout | 1BR,1BA | $499 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $900 |
| Enchanted Pines | Studio | Studio,1BA | $950 |
Best Value Apartments for Rent in Philip, SD and Nearby
As of July 30, 2026 the best value apartment in the Philip area is the $1.40 price per square foot Black Hills 4 Bed Model at Antelope Ridge in the starting from $2,257. The second greatest value Philip apartment is the Unit 3A (1st Floor) Model at 10Bedrock Apartments starting at $1,975 with a $1.45 price per square foot . Here is today’s list of the best values for Philip apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Antelope Ridge | Black Hills 4 Bed | 4BR,2.5BA | $1.40 |
| 10Bedrock Apartments | Unit 3A (1st Floor) | 3BR,2BA | $1.45 |
| Homestead Garden | The Rose | 2BR,2BA | $1.39 |
| Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
| Mountain View Village | 3 Bedroom | 3BR,2BA | $1.45 |
| Harrison Apartments | 3 Bedroom | 3BR,1BA | $1.03 |
| Vista Pointe Apartments | 2-Bed 1 Bath | 2BR,1BA | $1.32 |
| The Pines at Rapid | 1/1 | 1BR,1BA | $1.35 |
| Missouri View Apartments | 2 BEDROOM LAYOUT | 2BR,1BA | $1.33 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1.22 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Philip
What type of rentals are currently available in Philip?
There are currently 44 Apartments for Rent in Philip, SD with pricing that ranges from $499 to $3,959. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Philip ranging from $900 to $2,800.
What is the current price range for Rental Homes in Philip?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Philip ranges from $900 to $2,800 with an average monthly rent of $1,823.
How much are larger Three and Four Bedroom Rentals in Philip?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Philip range from $1,040 to $2,981, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,775 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

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.

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.

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.

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.