
1 Bedroom Apartments for Rent in Wallace, SD (44 Rentals)


The Oaks

Forte of Brookings: 50+ Community!

Forte Living of Aberdeen: 50+ Community!

Sweetgrass Crossing

Dakota Estates

Wilmot Estates Apartments

Presentation Heights

Mary's Heights Apartments

Reserve Flats
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Depot Apartments

Generations on 1st

Sioux Village

Trails Head

Wilkeshire Apartments

Prairie Springs Apartments

Marketplace Apartments

Archer Flats

Prairie Village Apartments

Beardsley Apartments
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Oakes I & II Apartments

Wheatgrass Village I

Lofts at Willow Creek

Paragon

The Lofts

Latitude 44

Innovation Village

1045 E 3rd St

262 2nd St SW

500 1st Ave S
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309 W Washington Ave

701 C Ave

1412 12th Ave SE

Morning Sun Apartments

Clinton Community Housing

Woodland Park - Ivanhoe

Home Rite Apartments

1631 Olive Dr

Southland Court

1009 Southland Ln

Parkside Place

Heritage High Apartments

907 5th St S

629 11th Ave
Wallace, SD Local Guide

How much does it cost to rent an apartment in Wallace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wallace Studio Apartments | $936 | $740 | $1,155 |
| Wallace 1 Bedroom Apartments | $1,143 | $455 | $1,980 |
| Wallace 2 Bedroom Apartments | $1,469 | $545 | $1,975 |
| Wallace 3 Bedroom Apartments | $1,549 | $870 | $1,840 |
| Wallace 4 Bedroom Apartments | $1,322 | $910 | $1,800 |
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Wallace, SD Local Guide
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Largest Available Wallace and Nearby 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in Wallace, SD is found at Beardsley Apartments and is 900 square feet priced from $502. Paragon in the Downtown Brookings neighborhood has the second largest 1 Bedroom, which is sized at 810 square feet and currently listed start at $1,500. Here is today’s list of the largest available 1 Bedroom units in Wallace:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Beardsley Apartments | One Bedroom | 900 Sq Ft | $502 |
| Paragon | The Skyline | 810 Sq Ft | $1,500 |
| Latitude 44 | The Oasis | 806 Sq Ft | $1,390 |
| Mary's Heights Apartments | 1 Bed, 1 bath | 752 Sq Ft | $455 |
| Generations on 1st | 1BR/1.0BA | 712 Sq Ft | $1,055 |
| Wheatgrass Village I | 1 Bed 1 Bath | 650 Sq Ft | $840 |
| Wilmot Estates Apartments | 1 Bedroom 1 Bathroom Apartment | 620 Sq Ft | $1,060 |
| Reserve Flats | 1 Bed 1 Bath | 587 Sq Ft | $1,190 |
| Presentation Heights | Market 1x1 | 559 Sq Ft | $590 |
| Sioux Village | 1 Bedroom | 468 Sq Ft | $1,265 |
Cheapest Available Wallace and Nearby 1 Bedroom Apartments
As of March 17, 2026 the lowest priced 1 Bedroom apartment unit in Wallace, SD is the 1 Bed, 1 bath Model starting from $455 at Mary's Heights Apartments . The second most affordable Wallace 1 Bedroom is the One Bedroom Model at Beardsley Apartments starting at $502 . The average price for all 1 Bedroom apartments in Wallace is currently $1,143. Here is today’s list of the cheapest available 1 Bedroom options in Wallace:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Mary's Heights Apartments | 1 Bed, 1 bath | $455 |
| Beardsley Apartments | One Bedroom | $502 |
| Presentation Heights | 30% 1x1 | $590 |
| Wheatgrass Village I | 1 Bed 1 Bath | $840 |
| Paragon | The Horizon | $1,000 |
| Aberdeen Communities | 1 BED 1BATH | $1,050 |
| Generations on 1st | 1BR/1.0BA | $1,055 |
| Wilmot Estates Apartments | 1 Bedroom 1 Bathroom Apartment | $1,060 |
| Latitude 44 | The Steele | $1,130 |
| Reserve Flats | 1 Bed 1 Bath | $1,190 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 Wallace, SD Rentals by Map
See the most popular apartments and homes in Wallace, SD
Frequently Asked Questions about 1 Bedroom Wallace Apartments
What is the Cheapest apartment in Wallace with 1 Bedroom?
Currently the most affordable 1 Bedroom in Wallace is at Mary's Heights Apartments listed at $455.
How much is the average rent for a 1 Bedroom Wallace Apartment?
The average rent for a 1 Bedroom Apartment in Wallace is $1,143.
What is the largest available 1 Bedroom Wallace Apartment for rent?
Today's apartment with the most square footage in Wallace is a 900 square feet unit starting from $502 at Beardsley Apartments.
What is the average size for Wallace 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Wallace is currently 612 sq ft.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.