Cheap Apartments for Rent in Timber Lake, SD from $400 (32 Rentals)

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

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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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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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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property at 215 E Arbor Ave

$795 - $995

1 To 2 Bedroom Rentals

Available Now

215 E Arbor Ave

BismarckND58504

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.

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Showing Results 1-32, 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 $675. 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$675
215 E Arbor (Bismarck,ND)1BR/1.0BA1BR,1BA$795
Parkwood Apartments1 Bed - L1BR,1BA$895
Highlands Ridge Apartments1 Bed 1 Bath | 573 sqft1BR,1BA$1,010
Waters Edge1 bed 1 bath1BR,1BA$1,020
Woodbridge1 bed 1 bath1BR,1BA$1,020
The Landings1 bed 1 bath1BR,1BA$1,020
Corner View Apartments1 Bed / 1 Bath 645 sq ft Waterview1BR,1BA$1,065
Westwood Park2 Bed - 1 Bath2BR,1BA$1,070

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

As of April 28, 2026 the best value apartment in the Timber Lake area is the $1.40 price per square foot 3 Bed 3 Bath Loft | 2042 sf Model at The Earl Twin Homes in the in the South Mandan neighborhood starting from $2,855. The second greatest value Timber Lake apartment is the C1R Model at Cottonwood Apartment Homes starting at $1,705 with a $1.22 price per square foot in the Bismarck Cathedral Area Historic District 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.
The Earl Twin Homes3 Bed 3 Bath Loft | 2042 sf3BR,3BA$1.40
Cottonwood Apartment HomesC1R3BR,2BA$1.22
215 E Arbor (Bismarck,ND)2BR/1.0BA2BR,1BA$0.95
Westwood Park2 Bed - 1 Bath2BR,1BA$1.31
Waters Edge1 bed 1 bath1BR,1BA$1.28
Woodbridge1 bed 1 bath1BR,1BA$1.28
Parkwood Apartments1 Bed - L1BR,1BA$1.15
Missouri View Apartments2 BEDROOM LAYOUT2BR,1BA$1.33
High RidgeTwo Bedroom Townhome - Plan 21T2BR,1BA$1.28
The Landings1 bed 1 bath1BR,1BA$1.46

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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Cash 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.

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Quick 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.

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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 The Earl Apartments listed at $1,320.

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 $765 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 Missouri View Apartments and starts from $899.

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

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.

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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.

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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.

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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.