Cheap Apartments for Rent in Vermillion, SD from $400 (60 Rentals)

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

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Applewood Apartments
1 to 2 Bedroom Apartments

Applewood Apartments

1015 W Clark StVermillion, SD 57069
  • Utilities Included
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Town Square ll
1 Bedroom Apartments

Town Square ll

507 W Main StVermillion, SD 57069
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Town Square Apartments
1 to 2 Bedroom Apartments

Town Square Apartments

505 W Main StVermillion, SD 57069
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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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Gatewood Estates
Studio to 3 Bedroom Apartments

Gatewood Estates

627 Streeter DrNorth Sioux City, SD 57049
  • Utilities Included
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Ridgewood Apartments
1 Bedroom Apartments

Ridgewood Apartments

260 S 4th StAkron, IA 51001
Senior Living
  • Utilities Included

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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Vermillion, SD Local Guide

Cheapest Available Vermillion Apartments for Rent and Nearby

 

The cheapest available apartment rental in Vermillion, SD is a 2 Beds unit found at Vermillion Madison Park priced from $429. The Links has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Vermillion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vermillion Madison Park2BR2BR,1BA$429
The LinksStudioStudio,1BA$850
Five Sons Apartments1 Bed1BR,1BA$900
The ArborsSapling1BR,1BA$949
Wellington At The DunesOpen living space + spacious master with vaulte...1BR,1BA$950
PLUM VILLAUnit B2BR,1BA$950
Woodbury HeightsTwo Bedroom2BR,1BA$953
Floyd River Flats1 Bed 1 Bath Apartment1BR,1BA$970
Ridge OaksOak1BR,1BA$975

Best Value Apartments for Rent in Vermillion, SD and Nearby

As of July 27, 2026 the best value apartment in the Vermillion area is the $1.21 price per square foot 3 Bedrooms / 2 1/2 Bathrooms Townhome Model at Gatewood Estates in the starting from $1,709. The second greatest value Vermillion apartment is the 3BR Model at Vermillion Madison Park starting at $1,200 with a $0.88 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.
Gatewood Estates3 Bedrooms / 2 1/2 Bathrooms Townhome3BR,2BA$1.21
Vermillion Madison Park3BR3BR,2.5BA$0.88
1011 Lincoln Street4/24BR,2BA$1.08
412 E Cedar St412 E Cedar St2BR,1BA$0.71
Dakota Prairie ApartmentsTwo Bedroom, Two Bath2BR,2BA$1.15
Woodbury HeightsTwo Bedroom2BR,1BA$0.95
Copper Flats2BR/1.0BA2BR,1BA$1.12
Floyd River Flats1 Bed 1 Bath Apartment1BR,1BA$1.21
PLUM VILLAUnit B2BR,1BA$1.25
The ArborsSapling1BR,1BA$1.29

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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Vermillion, SD

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

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Frequently Asked Questions about Cheap Vermillion Apartments

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

The lowest price for a Cheap One Bedroom Vermillion Apartment is $900 at Five Sons Apartments.

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 $429 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 $1,200.

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.