
Cheap Apartments for Rent in Spearfish, SD from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Spearfish.


Hollow Gulch

Harvard Estates Apartments

Canyon Estates Apartments

Rocky Bluff Apartments

Iron Ridge Estates

The Place at Estes Park
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.

Robbinsdale Heights 1

The Place at Hainesway

Civic Plaza Apartments

Shepherd Hills Commons

Bridgewood Estates

Enchanted Pines

Rapid Creek Apartments
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.

Moonlight Apartment Complex

Tallgrass Apartments

Countryside Apartments

12th Street Apartments

318 National St

4102 Canyon Lake Dr

1213 Quincy St
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.

440 N Creek Dr

715-711 11th Ave
Spearfish, SD Local Guide

How much does it cost to rent an apartment in Spearfish?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spearfish Studio Apartments | $1,174 | $610 | $1,687 |
| Spearfish 1 Bedroom Apartments | $1,296 | $547 | $2,842 |
| Spearfish 2 Bedroom Apartments | $1,511 | $726 | $3,056 |
| Spearfish 3 Bedroom Apartments | $1,691 | $979 | $3,245 |
| Spearfish 4 Bedroom Apartments | $1,058 | $1,058 | $1,058 |
Browse Top Apartments in Spearfish
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Spearfish, SD Local Guide
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Cheapest Available Spearfish Apartments for Rent and Nearby
 The cheapest available apartment rental in Spearfish, SD is a 1 Bed unit found at The Place at Estes Park in the Downtown Rapid City neighborhood priced from $547. Civic Plaza Apartments in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $865. Here is today’s list of the most affordable Spearfish apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at Estes Park | One Bed One Bath - HOME Unit | 1BR,1BA | $547 |
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $865 |
| The Place at Hainesway | One Bed, One Bath | 1BR,1BA | $875 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $900 |
| Enchanted Pines | Studio | Studio,1BA | $950 |
Best Value Apartments for Rent in Spearfish, SD and Nearby
As of February 06, 2026 the best value apartment in the Spearfish 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 Spearfish apartment is the Brennan $1,085 Model at Founders Park Village starting at $1,478 with a $1.34 price per square foot in the Downtown Rapid City neighborhood. Here is today’s list of the best values for Spearfish apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
| Founders Park Village | Brennan $1,085 | 2BR,2BA | $1.34 |
| Summerset Heights | 2x2 | 2BR,2BA | $1.14 |
| Rapid Creek Apartments | 3Bed/2Bath | 3BR,2BA | $0.98 |
| The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1.11 |
| Sheridan Lake Apartments | The Kensington | 2BR,2BA | $1.26 |
| Prairie Tree Apartments | 2A | 2BR,1BA | $1.40 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1.22 |
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $1.29 |
| The Place at Hainesway | One Bed, One Bath | 1BR,1BA | $1.35 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Spearfish, SD
Spearfish High School - 01
Spearfish Middle School - 05
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Spearfish, SD Rentals by Map
See the most popular apartments and homes in Spearfish, SD
Frequently Asked Questions about Cheap Spearfish Apartments
What is the Cheapest Studio apartment in Spearfish?
Currently the most affordable Cheap Studio Apartment in Spearfish is at Enchanted Pines listed at $950.
How much is rent for a Cheap One Bedroom Spearfish Apartment?
The lowest price for a Cheap One Bedroom Spearfish Apartment is $547 at The Place at Estes Park.
What is the lowest price for a Cheap Two Bedroom Spearfish Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Spearfish is starting from $865 at Civic Plaza Apartments.
What is the most affordable Spearfish Three Bedroom Apartment?
The best deal on a cheap Spearfish Three Bedroom Apartment rental is at Rapid Creek Apartments and starts from $979.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.