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.

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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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Applewood Apartments
1 to 2 Bedroom Apartments

Applewood Apartments

1015 W Clark StVermillion, SD 57069
  • Utilities Included

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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.

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 $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 Block 31BR,1BA$650
Valley Park ApartmentsLeifStudio,1BA$730

Best Value Apartments for Rent in Vermillion, SD and Nearby

As of November 01, 2025 the best value apartment in the Vermillion area is the $1.09 price per square foot 3 Bedroom 2 Bath Model at Woodbury Heights in the starting from $1,305. The second greatest value Vermillion apartment is the 2 Bed, 2 Bath - Willow Model at Woodland Hills Townhomes starting at $1,495 with a $1.27 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.
Woodbury Heights3 Bedroom 2 Bath3BR,2BA$1.09
Woodland Hills Townhomes2 Bed, 2 Bath - Willow2BR,2BA$1.27
Pearl StreetTwo Bedroom, Two Bath2BR,2BA$1.09
Vermillion Madison Park2BR2BR,1.5BA$0.34
Dakota Prairie ApartmentsTwo Bedroom, Two Bath2BR,2BA$1.15
Floyd River Flats1 Bed 1 Bath Apartment1BR,1BA$1.09
Clifton Estates375.a1BR,1BA$1.08
PLUM VILLAUnit B2BR,1BA$1.18
Country Club Apartments1 Bed, 1 Bath1BR,1BA$1.23
Chambers2 bedroom2BR,1BA$1.07

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Quick Rent Budget Calculator

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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 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 Valley Park Apartments listed at $730.

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

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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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.

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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.