Cheap Apartments for Rent in Rutland, SD from $300 (31 Rentals)

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

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.

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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.

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Horizon Apartments
1 to 3 Bedroom Apartments

Horizon Apartments

3520 N 4th AveSioux Falls, SD 57104

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Rutland, SD Local Guide

Cheapest Available Rutland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rutland, SD is a 3 Beds unit found at Horizon Apartments in the Northeast Sioux Falls neighborhood priced from $655. Jefferson Reserve Apartments in the Northwest Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Rutland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Horizon ApartmentsThree Bedroom3BR,2BA$655
Jefferson Reserve Apartments1 Bed 1 Bath Apartment1BR,1BA$775
University Hills VillageStudio - 559 sqftStudio,1BA$825
Auburn Manor ApartmentsOne Bedroom1BR,1BA$835
West Oaks EstatesEfficiency UnitStudio,1BA$849
Marion Crossing Apartments1 Bed 1 Bath Apartment1BR,1BA$870
Yukon at BensonStudioStudio,1BA$875
Southland Court1 Bed - B1BR,1BA$885
Thelin Center1 Bedroom 1 Bathroom1BR,1BA$895
The Boundary1 Bedroom 1 Bathroom1BR,1BA$895

Best Value Apartments for Rent in Rutland, SD and Nearby

As of October 24, 2025 the best value apartment in the Rutland area is the $0.95 price per square foot 3 Bedroom 2.5 Bathroom Townhome Model at Pinnacle Townhomes in the in the Northwest Sioux Falls neighborhood starting from $1,755. The second greatest value Rutland apartment is the 3x2 Model at 100 W 10th St starting at $1,650 with a $0.92 price per square foot . Here is today’s list of the best values for Rutland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle Townhomes3 Bedroom 2.5 Bathroom Townhome3BR,2.5BA$0.95
100 W 10th St3x23BR,2BA$0.92
Cloverfield Townhomes3 Bed3BR,2.5BA$1.16
Lake Area Townhomes2 Bedroom2BR,2.5BA$1.02
1009 Southland Ln2 Bed 2 Bath2BR,2BA$1.06
105 Carly Dr2 Bed2BR,1.5BA$1.04
Falls Park ApartmentsRushmore3BR,2BA$0.88
Maple Pass Apartments & Townhomes2 Bed 1 Bath Apartment2BR,1BA$1.10
Horizon ApartmentsTwo Bedroom2BR,1BA$0.93
Thelin Center1 Bedroom 1 Bathroom1BR,1BA$1.16

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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

Explore Rutland, SD Rentals by Map

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Frequently Asked Questions about Cheap Rutland Apartments

What is the Cheapest Studio apartment in Rutland?

Currently the most affordable Cheap Studio Apartment in Rutland is at University Hills Village listed at $825.

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

The lowest price for a Cheap One Bedroom Rutland Apartment is $775 at Jefferson Reserve Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Rutland is starting from $755 at Horizon Apartments.

What is the most affordable Rutland Three Bedroom Apartment?

The best deal on a cheap Rutland Three Bedroom Apartment rental is at Horizon Apartments and starts from $655.

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.

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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.

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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.