Cheap Apartments for Rent near Timber Lake, SD from $400 (31 Rentals)

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

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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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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property at 205 E Arbor Ave

$1,050 - $1,300

2 To 3 Bedroom Rentals

Available Now

205 E Arbor Ave

BismarckND58504
Showing Results 1-31, Page 1 of 1

Timber Lake, SD Local Guide

Cheapest Available Timber Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Timber Lake, SD is a 1 Bed unit found at Missouri View Apartments priced from $499. High Ridge in the Bismarck Cathedral Area Historic District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Timber Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Missouri View Apartments1 BD, 1 BA Layout1BR,1BA$499
High RidgeOne Bedroom - Plan 11B1BR,1BA$800
Arikara Apartments1 Bed, 1 bath1BR,1BA$825
215 E Arbor (Bismarck,ND)2BR/1.0BA2BR,1BA$995
Woodbridge1 bed 1 bath1BR,1BA$1,020
The Landings1 bed 1 bath1BR,1BA$1,020
Waters Edge1 bed 1 bath1BR,1BA$1,020
Harrison Apartments3 Bedroom3BR,1BA$1,040
Corner View Apartments2 Bed / 1 Bath 953 sq ft2BR,1BA$1,245
Highlands Ridge Apartments1 Bed 1 Bath | 573 sqft1BR,1BA$1,295

Best Value Apartments for Rent in Timber Lake, SD and Nearby

As of July 28, 2026 the best value apartment in the Timber Lake area is the $0.99 price per square foot 3BR/2.0BA Model at 215 E Arbor (Bismarck,ND) in the in the Bismarck Cathedral Area Historic District neighborhood starting from $1,295. The second greatest value Timber Lake apartment is the B2 Model at River Ridge Apartment Homes starting at $1,585 with a $1.35 price per square foot in the Cottonwood neighborhood. Here is today’s list of the best values for Timber Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
215 E Arbor (Bismarck,ND)3BR/2.0BA3BR,2BA$0.99
River Ridge Apartment HomesB22BR,2BA$1.35
Collins Place Apartments2 Bed 2 Bath2BR,2BA$1.17
Harrison Apartments3 Bedroom3BR,1BA$1.03
Corner View Apartments2 Bed / 1 Bath 953 sq ft2BR,1BA$1.31
Woodbridge1 bed 1 bath1BR,1BA$1.28
Waters Edge1 bed 1 bath1BR,1BA$1.28
Missouri View Apartments2 BEDROOM LAYOUT2BR,1BA$1.33
Arikara Apartments1 Bed, 1 bath1BR,1BA$1.15
High RidgeOne Bedroom - Plan 11B1BR,1BA$1.26

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!

Explore Timber Lake, SD Rentals by Map

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Frequently Asked Questions about Cheap Timber Lake Apartments

What is the Cheapest Studio apartment in Timber Lake?

Currently the most affordable Cheap Studio Apartment in Timber Lake is at Cottonwood Apartment Homes listed at $1,325.

How much is rent for a Cheap One Bedroom Timber Lake Apartment?

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Timber Lake is starting from $880 at High Ridge.

What is the most affordable Timber Lake Three Bedroom Apartment?

The best deal on a cheap Timber Lake Three Bedroom Apartment rental is at Harrison Apartments and starts from $1,040.

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.

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.

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

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.