Cheap Apartments for Rent in Stephan, SD from $400 (22 Rentals)

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

property at 1045 E 3rd St

$275

Total Monthly Price

Total Monthly Price

Base Rent
$275

Total Monthly Price
$275

1 Bedroom, 1 Bath Home for Rent

Available Now

1045 E 3rd St

RedfieldSD57469

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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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Greenridge Apartments
1 Bedroom Apartments

Greenridge Apartments

1500 N Kimball StMitchell, SD 57301
Senior Living
  • Utilities Included

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Stephan, SD Local Guide

Cheapest Available Stephan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Stephan, SD is a 1 Bed unit found at Missouri View Apartments priced from $499. 814 E Highway 44 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Stephan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Missouri View Apartments1 BD, 1 BA Layout1BR,1BA$499
814 E Highway 44Lamro Units1BR,1BA$675
Wheatridge Apartments & TownhomesTallgrass1BR,1BA$865
Flats on HavensHurstStudio,1BA$929
Edgerton PlaceEdgerton Place Phase I - 1 Bed 1 Bath1BR,1BA$945

Best Value Apartments for Rent in Stephan, SD and Nearby

As of June 09, 2026 the best value apartment in the Stephan area is the $0.89 price per square foot 3 Bedroom Townhome Model at Wheatgrass Village I in the starting from $1,465. The second greatest value Stephan apartment is the 3B/2B Townhome Model at Wheatridge Apartments & Townhomes starting at $1,975 with a $1.53 price per square foot . Here is today’s list of the best values for Stephan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wheatgrass Village I3 Bedroom Townhome3BR,2.5BA$0.89
Wheatridge Apartments & Townhomes3B/2B Townhome3BR,2BA$1.53
1101 W Elm Ave, Unit 11101 W Elm Ave2BR,1BA$0.95
Missouri View Apartments2 BEDROOM LAYOUT2BR,1BA$1.33
814 E Highway 44Lamro Units1BR,1BA$0.99
Edgerton PlaceEdgerton Place Phase I - 1 Bed 1 Bath1BR,1BA$1.53
1411 E Sioux Ave, Unit Apt F1411 E Sioux Ave1BR,1BA$1.42
Highlands Ridge Apartments1 Bed 1 Bath | 573 sqft1BR,1BA$2.26
Flats on HavensNorway1BR,1BA$2.03

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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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!

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Frequently Asked Questions about Cheap Stephan Apartments

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

The lowest price for a Cheap One Bedroom Stephan Apartment is $499 at Missouri View Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Stephan is starting from $999 at Missouri View Apartments.

What is the most affordable Stephan Three Bedroom Apartment?

The best deal on a cheap Stephan Three Bedroom Apartment rental is at Wheatgrass Village I and starts from $1,465.

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.