Cheap Apartments for Rent near Raymond, SD from $455 (54 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1045 E 3rd St
$400

Total Monthly Price

Base Rent$400
Total Monthly Price$400
1 Bedroom, 1 Bath Home for Rent
Available Now

1045 E 3rd St

RedfieldSD57469

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.

Read Article

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.

Read Article
property at 719 8th Ave
$1,125

Total Monthly Price

Base Rent$1,125
Total Monthly Price$1,125
3 Bedroom, 1.5 Bath Home for Rent
Available Oct 1

719 8th Ave

BrookingsSD57006

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.

Read Article
property at 205 Elm St
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
2 Bedroom, 1 Bath Home for Rent
Available Oct 1

205 Elm St

LangfordSD57454
close
View Me
Home Rite Apartments
1 to 2 Bedroom Apartments

Home Rite Apartments

126 1st St SEOrtonville, MN 56278
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
1631 Olive Dr
1 to 2 Bedroom Apartments

1631 Olive Dr

1631 Olive DrAberdeen, SD 57401
  • Utilities Included
close
View Me
630 S High St
Studio to 2 Bedroom Apartments

630 S High St

630 S High StAberdeen, SD 57401
  • Utilities Included
close
View Me
Southland Court
Studio to 2 Bedroom Apartments

Southland Court

818 Southland LnBrookings, SD 57006
  • Utilities Included
close
View Me
1009 Southland Ln
1 to 2 Bedroom Apartments

1009 Southland Ln

1009 Southland LnBrookings, SD 57006
  • Utilities Included
close
View Me
Parkside Place
1 Bedroom Apartments

Parkside Place

8 2nd St NEWatertown, SD 57201
  • Utilities Included
close
View Me
SunHill Bryant
2 to 3 Bedroom Apartments

SunHill Bryant

313 E 2nd AveBryant, SD 57221

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.

Read Article
Showing Results 1-50, Page 1 of 2

Raymond, SD Local Guide

Cheapest Available Raymond Apartments for Rent and Nearby

 

The cheapest available apartment rental in Raymond, SD is a 1 Bed unit found at Mary's Heights Apartments priced from $455. Beardsley Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Raymond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary's Heights Apartments1 Bed, 1 bath1BR, 1BA$455
Beardsley ApartmentsTwo Bedroom2BR, 1BA$700
Lake Area Townhomes1 Bedroom1BR, 1BA$855
Lofts at Park HillStudio - AStudio, 1BA$885
Archer FlatsEfficiencyStudio, 1BA$925
Parkview Apartments and Townhomes2 bedroom apartment2BR, 1BA$950
Latitude 44The CoveStudio, 1BA$955
Trails HeadDriftwoodStudio, 1BA$960
ParagonThe VistaStudio, 1BA$985
Sweetgrass CrossingJuneStudio, 1BA$990

Best Value Apartments for Rent in Raymond, SD and Nearby

As of September 18, 2026 the best value apartment in the Raymond area is the $0.89 price per square foot 3 Bedroom Townhome Model at Wheatgrass Village I starting from $1,465. The second greatest value Raymond apartment is the 3 Beds, 2 baths Model at Mary's Heights Apartments starting at $800 with a $0.60 price per square foot. Here is today’s list of the best values for Raymond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wheatgrass Village I3 Bedroom Townhome3BR, 2.5BA$0.89
Mary's Heights Apartments3 Beds, 2 baths3BR, 2BA$0.60
Beardsley ApartmentsTwo Bedroom2BR, 1BA$0.58
Lake Area Townhomes1 Bedroom1BR, 1BA$0.72
100 W 10th St2x1.52BR, 1.5BA$1.09
Heron Cove2 Bed 1 Bath Townhouse2BR, 1BA$1.30
Campus View2 Bed + 2 Bath2BR, 2BA$1.20
Wilkeshire ApartmentsHawthorne2BR, 1BA$1.27
Onaka Village3BR/1BA3BR, 1BA$1.20
Parkview Apartments and Townhomes2 bedroom apartment2BR, 1BA$1.21

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 Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Real 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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Raymond, SD Rentals by Map

Decorative image of map

See the most popular apartments and homes in Raymond, SD

View Map
Raymond, SD Apartments Map
View Map
Raymond, SD Rental Homes Map

Frequently Asked Questions about Cheap Raymond Apartments

What is the Cheapest Studio apartment in Raymond?

Currently the most affordable Cheap Studio Apartment in Raymond is at Lofts at Park Hill listed at $885.

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

The lowest price for a Cheap One Bedroom Raymond Apartment is $455 at Mary's Heights Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Raymond is starting from $545 at Mary's Heights Apartments.

What is the most affordable Raymond Three Bedroom Apartment?

The best deal on a cheap Raymond Three Bedroom Apartment rental is at Mary's Heights Apartments and starts from $800.

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 How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.