
Cheap Homes for Rent in Vermillion, SD from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Vermillion.


290 Vernon Dr

47132 311th St

1312 Westgate Dr

265 Vernon Dr

1418 Kayla Pl

2734 Virginia St

317 2nd Ave

1302 Pierce St

820 Windom St
Vermillion, SD Local Guide

How much does it cost to rent a home in Vermillion?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Vermillion 2 Bedroom Homes for Rent | $1,277 | $745 | $1,900 |
| Vermillion 3 Bedroom Homes for Rent | $1,600 | $995 | $2,800 |
| Vermillion 4 Bedroom Homes for Rent | $1,740 | $1,100 | $2,300 |
| Vermillion 5 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vermillion Madison Park | 2BR | 2BR,1BA | $378 |
| Saracen Courts | Unit Block 3 | 1BR,1BA | $650 |
| Bluestem Reserve Apartments | Studio Apartment | Studio,1BA | $765 |
Best Value Apartments for Rent in Vermillion, SD and Nearby
As of November 03, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodbury Heights | 3 Bedroom 2 Bath | 3BR,2BA | $1.09 |
| Woodland Hills Townhomes | 2 Bed, 2 Bath - Willow | 2BR,2BA | $1.27 |
| Pearl Street | Two Bedroom, Two Bath | 2BR,2BA | $1.09 |
| Vermillion Madison Park | 2BR | 2BR,1.5BA | $0.34 |
| Dakota Prairie Apartments | Two Bedroom, Two Bath | 2BR,2BA | $1.15 |
| Floyd River Flats | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.09 |
| Clifton Estates | 375.a | 1BR,1BA | $1.08 |
| PLUM VILLA | Unit B | 2BR,1BA | $1.18 |
| Country Club Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.23 |
| Chambers | 2 bedroom | 2BR,1BA | $1.07 |
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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!
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Frequently Asked Questions about Vermillion
What type of rentals are currently available in Vermillion?
There are currently 57 Apartments for Rent in Vermillion, SD with pricing that ranges from $500 to $2,489. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Vermillion ranging from $745 to $2,800.
What is the current price range for Rental Homes in Vermillion?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Vermillion ranges from $745 to $2,800 with an average monthly rent of $1,423.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.