Cheap Apartments for Rent in Vermillion, SD from $300 (5 Rentals)

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

property at 112 E Cherry St

$500 - $700

1 Bedroom Rentals

Available Jan 1, 2026

112 E Cherry St

VermillionSD57069

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Applewood Apartments
1 to 2 Bedroom Apartments

Applewood Apartments

1015 W Clark StVermillion, SD 57069
  • Utilities Included

Vermillion, SD Local Guide

Cheapest Available Vermillion Apartments for Rent

 

The cheapest available apartment rental in Vermillion, SD is a 2 Beds unit found at Vermillion Madison Park priced from $378. Saracen Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Vermillion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vermillion Madison Park2BR2BR,1BA$378
Saracen CourtsUnit 5151BR,2BA$650
Dakota Bend I & IIDB 1 - 1bedroom/1bath1BR,1BA$750

Best Value Apartments for Rent in Vermillion, SD

As of December 20, 2025 the best value apartment in the Vermillion area is the $1.27 price per square foot 2 Bed, 2 Bath - Willow Model at Woodland Hills Townhomes – Comfortable & Convenient Living in Sioux City! in the starting from $1,495. The second greatest value Vermillion apartment is the 2BR Model at Vermillion Madison Park starting at $378 with a $0.34 price per square foot . Here is today’s list of the best values for Vermillion apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodland Hills Townhomes – Comfortable & Convenient Living in Sioux City!2 Bed, 2 Bath - Willow2BR,2BA$1.27
Vermillion Madison Park2BR2BR,1.5BA$0.34
Dakota Prairie ApartmentsTwo Bedroom, Two Bath2BR,2BA$1.15
Woodbury HeightsTwo Bedroom2BR,1BA$1.11
The ArborsPine2BR,2BA$1.31
819 Jane St, Unit 2819 Jane St2BR,1BA$1.15
Horizon Apartments2 Bedroom2BR,1BA$1.09
PLUM VILLAUnit B2BR,1BA$1.18
Country Club Apartments1 Bed, 1 Bath1BR,1BA$1.23
Chambers2 bedroom2BR,1BA$1.07

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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Quick Rent Budget Calculator

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

Explore Vermillion, SD Rentals by Map

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Getting Around Vermillion, SD

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Vermillion Apartments

What is the Cheapest Studio apartment in Vermillion?

Currently the most affordable Cheap Studio Apartment in Vermillion is at Westbrook Estates I listed at $850.

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

The lowest price for a Cheap One Bedroom Vermillion Apartment is $650 at Saracen Courts.

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

Today's best deal for a Cheap Two Bedroom Apartment in Vermillion is starting from $378 at Vermillion Madison Park.

What is the most affordable Vermillion Three Bedroom Apartment?

The best deal on a cheap Vermillion Three Bedroom Apartment rental is at Vermillion Madison Park and starts from $446.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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! 

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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.