
Cheap Apartments for Rent in Wakonda, SD from $400 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Wakonda.


Saracen Courts

The Meadows Apartments

Sawyer Pointe

Mirada Manor Apartments

Total Monthly Price
Meadow Ridge Apartments

Westbrook Estates I

Jackson Heights Apartments and Townhomes
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.

The Links

The Commons

Platinum Valley Apartments

Edgewood Apartments

Fox Run Townhomes

PLUM VILLA

41st Street Commons

Village at Three Fountains
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.

LEXINGTON ESTATES

Bluestem Reserve Apartments

Solara

Deer Ridge Apartments

Park Place Condominiums

The Radius

Gurney Flats

The Brett
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The MarQ

Harvest Acres

Saddle Creek Townhomes

Granite Townhomes

Creekside Commons

Lincoln Heights

West Pointe Commons

Ridgewood Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

2428 E Meadowside Pl

507 W 20th St

2800 W McClellan St

Garden Villas Apartments

3008 S Phillips Ave

713-715 W 16th St

85 Commons

2904 W 33rd St
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.

2000 S Duluth Ave

906 W 10th St
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 | $968 | $812 | $1,150 |
| Wakonda 1 Bedroom Apartments | $1,184 | $690 | $1,682 |
| Wakonda 2 Bedroom Apartments | $1,374 | $815 | $1,880 |
| Wakonda 3 Bedroom Apartments | $1,628 | $1,295 | $2,265 |
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 Saracen Courts priced from $690. 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 |
|---|---|---|---|
| Saracen Courts | Unit 404 | 1BR,1BA | $690 |
| 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 |
| The Commons | Apartment Style Studio | Studio,1BA | $865 |
| PLUM VILLA | Unit B | 2BR,1BA | $950 |
| LEXINGTON ESTATES | Open concept living with walk-out patio/balcony... | 1BR,1BA | $960 |
| Village at Three Fountains | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $960 |
| Deer Ridge Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,005 |
Best Value Apartments for Rent in Wakonda, SD and Nearby
As of June 21, 2026 the best value apartment in the Wakonda area is the $0.97 price per square foot 3 bedroom 2.5 bath Model at Central Park Village in the starting from $1,718. The second greatest value Wakonda apartment is the 3 Bedroom 2.5 Bathroom Model at The Berg starting at $1,649 with a $1.03 price per square foot . 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. |
|---|---|---|---|
| Central Park Village | 3 bedroom 2.5 bath | 3BR,2.5BA | $0.97 |
| The Berg | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.03 |
| 29 Flats | 2 Bedroom 2.5 Bathroom Townhome | 2BR,2.5BA | $1.19 |
| Sawyer Pointe | Apartment 3 Bedroom 2 Bathroom | 3BR,2BA | $1.14 |
| Lincoln Heights | 3 Bed Townhome | 3BR,1.5BA | $1.15 |
| Westbrook Estates I | 2 Bed 1 Bath | 2BR,1BA | $1.15 |
| Platinum Valley Apartments | Plan B | 2BR,1BA | $1.06 |
| 41st Street Commons | b1 | 2BR,1BA | $1.22 |
| Village at Three Fountains | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.04 |
| 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
How much is rent for a Cheap One Bedroom Wakonda Apartment?
The lowest price for a Cheap One Bedroom Wakonda Apartment is $690 at Saracen Courts.
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 $950 at PLUM VILLA.
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 $1,295.
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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.