
Cheap Apartments for Rent in Wakonda, SD from $690 (40 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

Total Monthly Price
Meadow Ridge Apartments

Westbrook Estates I
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 Links

Edgewood Apartments

Fox Run Townhomes

Platinum Valley Apartments

The Commons

Lincoln Heights

PLUM VILLA

41st Street Commons
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.

Welcome to Jackson Heights

Deer Ridge Apartments

LEXINGTON ESTATES

The Radius

Solara

Bluestem Reserve Apartments

Village at Three Fountains

The Brett
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.

Gurney Flats

The MarQ

West Pointe Commons

Harvest Acres

The Crimson - Residential

Saddle Creek Townhomes

Granite Townhomes

Creekside Commons
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.

Ridgewood Apartments

421 Prentis Ave

311 E National St

Garden Villas Apartments

Park Place Condominiums

102 Haley Ct

85 Commons

120 W Dartmouth 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.
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 | $993 | $812 | $1,250 |
| Wakonda 1 Bedroom Apartments | $1,122 | $690 | $1,539 |
| Wakonda 2 Bedroom Apartments | $1,335 | $815 | $2,099 |
| Wakonda 3 Bedroom Apartments | $1,612 | $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 Saracen Courts priced from $690. The Clark Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Wakonda apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saracen Courts | Unit 515 | 1BR, 1BA | $690 |
| The Clark Apartments | 1 Bed - Interior | 1BR, 1BA | $775 |
| 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 |
| Platinum Valley Apartments | Plan A | 1BR, 1BA | $883 |
| Edgewood Apartments | Studio | Studio, 1BA | $890 |
| Lincoln Heights | 1 Bed Up (no balcony) | 1BR, 1BA | $925 |
| Sawyer Pointe | Apartment 1 Bedroom 1 Bathroom | 1BR, 1BA | $930 |
Best Value Apartments for Rent in Wakonda, SD and Nearby
As of September 19, 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 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 |
| Fox Run Townhomes | 2 Bed 2.5 Bath Split Level - Phase I & II | 2BR, 2.5BA | $1.23 |
| Saddle Creek Townhomes | 2bd2ba | 2BR, 2BA | $1.06 |
| Village at Three Fountains | 2 Bedroom 1 Bathroom Apartment | 2BR, 1BA | $1.19 |
| Lincoln Heights | 1 Bed Up (no balcony) | 1BR, 1BA | $1.16 |
| PLUM VILLA | Unit B | 2BR, 1BA | $1.25 |
| Deer Ridge Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $1.26 |
| The Clark Apartments | 1 Bed - Interior | 1BR, 1BA | $1.07 |
| 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 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.
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 $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 $935 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 41st Street Commons and starts from $1,299.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.