
Cheap Apartments for Rent in Vermillion, SD from $690 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in Vermillion.


435 Cottage Ave

1119 W Clark St

PLUM VILLA

447 N Plum St

Solara

419 Adams St

Vermillion Madison Park

Applewood Apartments

421 Prentis Ave
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.

Oakwood Apartments & Townhomes

1011 Lincoln Street

Town Square ll

Town Square Apartments

120 W Dartmouth St

The Clark Apartments

Gatewood Estates

Valley Park Apartments

Interstate Apartments

Westbrook Estates I
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.

The Links

Chambers

Prairie Dunes

Fox Run Townhomes

Clifton Estates

Urbane 1220

Glen Oaks by Broadmoor

Wellington At The Dunes

Indian Hills

Country Club Apartments
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.

Woodbury Heights

Pearl Street

Ridge Oaks

Bluestem Reserve Apartments

The Arbors

Barrington Park by Broadmoor

McCook Apartments

Woodland Hills

Copper Flats

Floyd River Flats
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.

Benson Lofts

Virginia Square Apartments (100-103)

Total Monthly Price
RiverPointe Apartments

Gurney Flats

The Bluebird Flats

Badgerow Flats

Prairiewood Apartments and Townhomes

River Drive Townhomes

Lakewood Apartments and Townhomes

603 S Washington St
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.
Vermillion, SD Local Guide

How much does it cost to rent an apartment in Vermillion?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Vermillion Studio Apartments | $993 | $760 | $1,380 |
| Vermillion 1 Bedroom Apartments | $1,151 | $690 | $2,430 |
| Vermillion 2 Bedroom Apartments | $1,333 | $815 | $2,262 |
| Vermillion 3 Bedroom Apartments | $1,743 | $1,140 | $2,988 |
Browse Top Apartments in Vermillion
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Vermillion, SD Local Guide
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Cheapest Available Vermillion Apartments for Rent and Nearby
 The cheapest available apartment rental in Vermillion, SD is a 1 Bed unit found at Saracen Courts priced from $690. Dakota Bend I & II has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Vermillion apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saracen Courts | Unit 515 | 1BR,1BA | $690 |
| Dakota Bend I & II | DB 1 - Studio | Studio,1BA | $750 |
| The Clark Apartments | 1 Bed | 1BR,1BA | $750 |
| Chambers | 2 bedroom | 2BR,1BA | $850 |
| The Links | Studio | Studio,1BA | $850 |
| 1011 Lincoln Street | 3/1 | 3BR,1BA | $900 |
| Urbane 1220 | Acadian | Studio,1BA | $945 |
| Wellington At The Dunes | Open living space + spacious master with vaulte... | 1BR,1BA | $950 |
| PLUM VILLA | Unit B | 2BR,1BA | $950 |
| Country Club Apartments | 1 Bed, 1 Bath | 1BR,1BA | $955 |
Best Value Apartments for Rent in Vermillion, SD and Nearby
As of September 10, 2026 the best value apartment in the Vermillion area is the $1.17 price per square foot 3 Bedrooms / 2 1/2 Bathrooms Townhome Model at Gatewood Estates in the starting from $1,660. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gatewood Estates | 3 Bedrooms / 2 1/2 Bathrooms Townhome | 3BR,2BA | $1.17 |
| Vermillion Madison Park | 3BR | 3BR,2.5BA | $0.88 |
| River Drive Townhomes | 3 Bed and 2.5 Bath | 3BR,2.5BA | $0.92 |
| Woodbury Heights | 3 Bedroom 1 Bath | 3BR,1BA | $1.02 |
| Prairiewood Apartments and Townhomes | 2 Bedrooms / 2 Bathrooms | 2BR,2BA | $1.19 |
| Ridge Oaks | Evergreen | 2BR,1.5BA | $1.02 |
| The Bluebird Flats | 1BR/1.0BA | 1BR,1BA | $1.19 |
| 1011 Lincoln Street | 3/1 | 3BR,1BA | $1.09 |
| Chambers | 2 bedroom | 2BR,1BA | $1.14 |
| The Clark Apartments | 1 Bed | 1BR,1BA | $1.03 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Vermillion, SD
Vermillion High School - 01
Vermillion Middle School - 02
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Vermillion, SD Rentals by Map
See the most popular apartments and homes in Vermillion, SD
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 Dakota Bend I & II listed at $750.
How much is rent for a Cheap One Bedroom Vermillion Apartment?
The lowest price for a Cheap One Bedroom Vermillion Apartment is $690 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 $850 at Chambers.
What is the most affordable Vermillion Three Bedroom Apartment?
The best deal on a cheap Vermillion Three Bedroom Apartment rental is at 1011 Lincoln Street and starts from $900.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.