Cheap Apartments for Rent near Rutland, SD from $500 (47 Rentals)

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

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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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.

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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.

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Horizon Apartments
1 to 3 Bedroom Apartments

Horizon Apartments

3520 N 4th AveSioux Falls, SD 57104
property at 734 W 10th St

$700 - $745

1 Bedroom Rentals

Available Now

734 W 10th St

Sioux FallsSD57104

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.

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Maple Park
2 Bedroom Apartments

Maple Park

2601 N Maple LnSioux Falls, SD 57107
Corporate Housing
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Southland Court
Studio to 2 Bedroom Apartments

Southland Court

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

1009 Southland Ln

1009 Southland LnBrookings, SD 57006
  • Utilities Included

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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Falls Park Apartments
3 to 4 Bedroom Apartments

Falls Park Apartments

3601 N Career AveSioux Falls, SD 57107
  • Utilities Included
Showing Results 1-47, Page 1 of 1

Rutland, SD Local Guide

Cheapest Available Rutland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rutland, SD is a 1 Bed unit found at Onaka Village in the Downtown Brookings neighborhood priced from $575. Egan Avenue Residence has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Rutland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Onaka Village1BR/1BA1BR,1BA$575
Egan Avenue ResidenceBedroom C1BR,1BA$645
Horizon ApartmentsThree Bedroom3BR,2BA$668
Crooks Reserve1 Bedroom 1 Bathroom Apartment1BR,1BA$800
Auburn Manor ApartmentsOne Bedroom1BR,1BA$835
University Hills VillageK# Unit - Studio/1 BA - Non-SmokingStudio,1BA$875
Maple Pass Apartments & TownhomesRent Special - 1 Bedroom 1 Bath Apts1BR,1BA$895
Northridge Estates/Perfect LocationOne Bedroom/No pets1BR,1BA$925
Parkview Apartments and Townhomes2 bedroom apartment2BR,1BA$935
Wilmot Estates ApartmentsStudio ApartmentStudio,1BA$935

Best Value Apartments for Rent in Rutland, SD and Nearby

As of August 08, 2026 the best value apartment in the Rutland area is the $1.20 price per square foot 3 Bedroom 2.5 Bathroom Townhome Model at Pinnacle Townhomes in the in the Northwest Sioux Falls neighborhood starting from $2,210. The second greatest value Rutland apartment is the 3 Bedroom Model at Lake Area Townhomes starting at $1,535 with a $0.99 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$1.20
Lake Area Townhomes3 Bedroom3BR,2.5BA$0.99
Campus View4 Bed + 2 Bath4BR,2BA$1.22
Lux North3 Bedroom 2 Bathroom3BR,2BA$1.17
Marion Crossing Apartments2 Bed 1 Bath Apartment2BR,1BA$0.99
100 W 10th St2x1.52BR,1.5BA$1.09
SunHill Lake Norden3 bed + 1 Bath3BR,1BA$1.18
West Oaks Estate2 bd, 2 ba Lower Level Unit2BR,2BA$1.06
Parkview Apartments and Townhomes2 bedroom apartment2BR,1BA$1.20
Onaka Village1BR/1BA1BR,1BA$0.92

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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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.

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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.

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

Explore Rutland, SD Rentals by Map

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See the most popular apartments and homes in Rutland, SD

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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 Crooks Reserve listed at $805.

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

The lowest price for a Cheap One Bedroom Rutland Apartment is $575 at Onaka Village.

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 $650 at Onaka Village.

What is the most affordable Rutland Three Bedroom Apartment?

The best deal on a cheap Rutland Three Bedroom Apartment rental is at Parkview Apartments and Townhomes and starts from $1,095.

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

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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.

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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.

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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.