Cheap Apartments for Rent in Summit, SD from $500 (31 Rentals)

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

property at 320 1st St

320 1st St

ClintonMN56225

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.

property at 328 Lake St

328 Lake St

ClintonMN56225
property at 10 12th Ave NE

10 12th Ave NE

Elbow LakeMN56531

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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Natures Edge Partners LLC
Rent Specials
$719
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$701
Required Monthly Fees
$18

Total Monthly Price
$719
1 Bedroom Apartments Available Now

Natures Edge Partners LLC

105 Sunnyslope RdMorris, MN 56267
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 700 3rd St

700 3rd St

BarrettMN56311
property at 126 1st St SE

126 1st St SE

OrtonvilleMN56278
property at 1003 Scotts Ave

1003 Scotts Ave

MorrisMN56267

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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806 W 5th St
Studio to 1 Bedroom Apartments

806 W 5th St

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

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
Senior Living
  • Utilities Included
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126 1st St SE
1 to 2 Bedroom Apartments

126 1st St SE

126 1st St SEOrtonville, MN 56278
  • Utilities Included
property at 308 S 3rd St

308 S 3rd St

MilanMN56262

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.

property at 312 S 3rd St

312 S 3rd St

MilanMN56262
property at 314 S 3rd St

314 S 3rd St

MilanMN56262
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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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Archer Flats
Studio to 2 Bedroom Apartments

Archer Flats

2308 14th Ave NEWatertown, SD 57201
  • Utilities Included

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 Beardsley Apartments priced from $519. Prairie Park Fairmount Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $545. Here is today’s list of the most affordable Summit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beardsley ApartmentsOne Bedroom1BR,1BA$519
Prairie Park Fairmount Apartments2 Beds, 1 bath2BR,1BA$545
Ridgeview Manor - Trail I and II2BR/1.0BA2BR,1BA$700
Natures Edge Partners LLC1B1B MKT1BR,1BA$719
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR,1BA$900
Cardinal Estates2 Bedroom 1 Bathroom2BR,1BA$950
Generations on 1st1BR/1.0BA1BR,1BA$1,010
The Plains Apartments1629 - 1A1BR,1BA$1,135
Marketplace ApartmentsK2BR,2BA$1,435

Best Value Apartments for Rent in Summit, SD and Nearby

As of October 08, 2025 the best value apartment in the Summit area is the $0.87 price per square foot 2BR/2.0BA Model at One & Two Willow Creek in the starting from $1,475. The second greatest value Summit apartment is the K Model at Marketplace Apartments starting at $1,435 with a $1.39 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.
One & Two Willow Creek2BR/2.0BA2BR,2BA$0.87
Marketplace ApartmentsK2BR,2BA$1.39
Prairie Park Fairmount Apartments3 Beds, 1 bath3BR,1BA$0.67
Ridgeview Manor - Trail I and II2BR/1.0BA2BR,1BA$0.74
Cardinal Estates2 Bedroom 1 Bathroom2BR,1BA$1.06
Beardsley ApartmentsOne Bedroom1BR,1BA$0.58
Generations on 1st1BR/1.0BA1BR,1BA$1.40
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.26
103 N Lloyd St, Unit 6103 N Lloyd St1BR,1BA$0.47
Natures Edge Partners LLC1B1B MKT1BR,1BA$1.56

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

Explore Summit, SD Rentals by Map

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Getting Around Summit, SD

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $519 at Beardsley 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 Prairie Park Fairmount Apartments.

What is the most affordable Summit Three Bedroom Apartment?

The best deal on a cheap Summit Three Bedroom Apartment rental is at Prairie Park Fairmount Apartments and starts from $650.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.