
Cheap Apartments for Rent in Wakonda, SD from $400 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Wakonda.


Saracen Courts

The Clark Apartments

The Meadows Apartments

Sawyer Pointe

Mirada Manor Apartments

Platinum Valley Apartments

Total Monthly Price
Meadow Ridge Apartments

Westbrook Estates I

The Links
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.

The Commons

Edgewood Apartments

Fox Run Townhomes

Village at Three Fountains

Lincoln Heights

PLUM VILLA

41st Street Commons

Welcome to Jackson Heights

LEXINGTON ESTATES

Solara
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.

Bluestem Reserve Apartments

Deer Ridge Apartments

The Radius

Gurney Flats

The Brett

The MarQ

West Pointe Commons

Harvest Acres

The Crimson - Residential

Granite Townhomes
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.

Saddle Creek Townhomes

Creekside Commons

Sage Meadow Apartments & Townhomes

Beal Townhomes

Foxtail Creek Townhomes

509 S Railroad Ave

603 S Washington St

Ridgewood Apartments

Garden Villas Apartments

218 Center St
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.

Park Place Condominiums

713-715 W 16th St

85 Commons

3712 S Terry Ave

29 Flats

1410 Kayla Pl

110 E Main St

2200 N Main Ave

3205 S Covell Ave

413 S Wayland Ave
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.
Wakonda, SD Local Guide

How much does it cost to rent an apartment in Wakonda?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wakonda Studio Apartments | $977 | $812 | $1,250 |
| Wakonda 1 Bedroom Apartments | $1,137 | $650 | $1,569 |
| Wakonda 2 Bedroom Apartments | $1,347 | $700 | $2,099 |
| Wakonda 3 Bedroom Apartments | $1,598 | $1,245 | $2,280 |
Browse Top Apartments in Wakonda
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Wakonda, SD Local Guide
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Cheapest Available Wakonda Apartments for Rent and Nearby
 The cheapest available apartment rental in Wakonda, SD is a 1 Bed unit found at The Clark Apartments priced from $795. The Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Wakonda apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Clark Apartments | 1 Bed | 1BR,1BA | $795 |
| The Meadows Apartments | 411 1 BR | 1BR,1BA | $800 |
| Mirada Manor Apartments | One Bedroom | 1BR,1BA | $835 |
| Meadow Ridge Apartments | 1 Bedroom | 1BR,1BA | $850 |
| The Links | Studio | Studio,1BA | $850 |
| Edgewood Apartments | Studio | Studio,1BA | $890 |
| Village at Three Fountains | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $930 |
| Welcome to Jackson Heights | 1BD 737SQ - TH | 1BR,1BA | $950 |
| PLUM VILLA | Unit B | 2BR,1BA | $950 |
| Sawyer Pointe | Apartment 1 Bedroom 1 Bathroom | 1BR,1BA | $955 |
Best Value Apartments for Rent in Wakonda, SD and Nearby
As of August 05, 2026 the best value apartment in the Wakonda area is the $1.03 price per square foot 3 Bedroom 2.5 Bathroom Model at The Berg in the starting from $1,649. The second greatest value Wakonda apartment is the Plan D Model at Platinum Valley Apartments starting at $1,247 with a $1.08 price per square foot in the Southwest Sioux Falls neighborhood. Here is today’s list of the best values for Wakonda apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Berg | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.03 |
| Platinum Valley Apartments | Plan D | 2BR,2BA | $1.08 |
| Saddle Creek Townhomes | 2bd2ba | 2BR,2BA | $1.08 |
| Village at Three Fountains | 2 Bedroom 2 Bathroom Apartment | 2BR,2BA | $1.21 |
| LEXINGTON ESTATES | C 2-1 A | 2BR,1BA | $1.16 |
| Lincoln Heights | 2 Bed Townhome - West Side | 2BR,1.5BA | $1.14 |
| The Brett | 2x2LG | 2BR,2BA | $1.22 |
| PLUM VILLA | Unit B | 2BR,1BA | $1.25 |
| The Clark Apartments | 1 Bed | 1BR,1BA | $1.10 |
| Meadow Ridge Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wakonda, SD Rentals by Map
See the most popular apartments and homes in Wakonda, SD
Frequently Asked Questions about Cheap Wakonda Apartments
What is the Cheapest Studio apartment in Wakonda?
Currently the most affordable Cheap Studio Apartment in Wakonda is at The Links listed at $850.
How much is rent for a Cheap One Bedroom Wakonda Apartment?
The lowest price for a Cheap One Bedroom Wakonda Apartment is $650 at The Clark Apartments.
What is the lowest price for a Cheap Two Bedroom Wakonda Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wakonda is starting from $895 at The Clark Apartments.
What is the most affordable Wakonda Three Bedroom Apartment?
The best deal on a cheap Wakonda Three Bedroom Apartment rental is at Lincoln Heights and starts from $1,245.
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.

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.

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.

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.