Cheap Apartments for Rent in Summit, SD from $300 (33 Rentals)

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

property at 511 Main Ave N

$275

Total Monthly Price

Total Monthly Price

Base Rent
$275

Total Monthly Price
$275

2 Bedroom, 1 Bath Home for Rent

Available Now

511 Main Ave N

HankinsonND58041
property at 262 2nd St SW

$440

Total Monthly Price

Total Monthly Price

Base Rent
$440

Total Monthly Price
$440

1 Bedroom, 1 Bath Home for Rent

Available Now

262 2nd St SW

FormanND58032
property at 500 1st Ave S

$460

Total Monthly Price

Total Monthly Price

Base Rent
$460

Total Monthly Price
$460

1 Bedroom, 1 Bath Home for Rent

Available Now

500 1st Ave S

FairmountND58030
property at 517 Park Ave

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

1 Bedroom, 1 Bath Home for Rent

Available Now

517 Park Ave

MadisonMN56256
property at 328 Lake St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

2 Bedroom Rentals

Available Now

328 Lake St

ClintonMN56225

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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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806 W 5th St
Studio to 1 Bedroom Apartments

806 W 5th St

806 W 5th StMorris, MN 56267
Corporate Housing
  • Utilities Included
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Woodland Park - Ivanhoe
1 to 2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
  • Utilities Included
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Home Rite Apartments
1 to 2 Bedroom Apartments

Home Rite Apartments

126 1st St SEOrtonville, MN 56278
  • Utilities Included

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property at 318 S 3rd St

$730

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$730

Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

318 S 3rd St

MilanMN56262
property at 316 S 3rd St

$730

Total Monthly Price

Total Monthly Price

Base Rent
$730

Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

316 S 3rd St

MilanMN56262
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Lamplighter Apartments
1 to 2 Bedroom Apartments

Lamplighter Apartments

201 W 5th StMorris, MN 56267
Student Housing
  • Utilities Included
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Cardinal Estates
1 to 3 Bedroom Apartments

Cardinal Estates

300-302 South StMorris, MN 56267
  • Utilities Included
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1170 Dewey St
1 to 2 Bedroom Apartments

1170 Dewey St

1170 Dewey StWabasso, MN 56293
  • Smoke Free
property at 17 3rd Ave NE

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

3 Bedroom, 1 Bath Home for Rent

Available Jul 10

17 3rd Ave NE

Elbow LakeMN56531
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Parkside Place
1 Bedroom Apartments

Parkside Place

8 2nd St NEWatertown, SD 57201
  • Utilities Included

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.

Summit, SD Local Guide

Cheapest Available Summit Apartments for Rent and Nearby

 

The cheapest available apartment rental in Summit, 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 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Summit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary's Heights Apartments1 Bed, 1 bath1BR,1BA$455
Beardsley ApartmentsOne Bedroom1BR,1BA$600
Eastside Acres1 Bed, 1 bath1BR,1BA$761
Ghent Housing1 Bed, 1 bath1BR,1BA$920
Archer FlatsEfficiencyStudio,1BA$925
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR,1BA$930
Generations on 1st1BR/1.0BA1BR,1BA$1,055
SunHill Lake Norden3 Beds, 1 bath3BR,1BA$1,300
East Point Village Apartments2 Bedroom 1 Bathroom2BR,1BA$1,305

Best Value Apartments for Rent in Summit, SD and Nearby

As of May 31, 2026 the best value apartment in the Summit area is the $0.60 price per square foot 3 Beds, 2 baths Model at Mary's Heights Apartments in the starting from $800. The second greatest value Summit apartment is the 3 Beds, 1 bath Model at SunHill Lake Norden starting at $1,300 with a $1.18 price per square foot . Here is today’s list of the best values for Summit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mary's Heights Apartments3 Beds, 2 baths3BR,2BA$0.60
SunHill Lake Norden3 Beds, 1 bath3BR,1BA$1.18
East Point Village Apartments2 Bedroom 1 Bathroom2BR,1BA$1.26
Beardsley ApartmentsOne Bedroom1BR,1BA$0.67
Generations on 1st1BR/1.0BA1BR,1BA$1.46
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.30
221 15th St N, Unit D4221 15th St N1BR,1BA$0.74
Ghent Housing1 Bed, 1 bath1BR,1BA$1.53
Eastside Acres1 Bed, 1 bath1BR,1BA$1.52
Archer FlatsEfficiencyStudio ,1BA$2.66

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

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Frequently Asked Questions about Cheap Summit Apartments

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

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

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

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

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

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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.