
2 Bedroom Apartments for Rent in Wallace, SD (56 Rentals)


The Oaks

Forte of Brookings: 50+ Community!

Sweetgrass Crossing

Wilmot Estates Apartments

Dakota Estates

Presentation Heights

Mary's Heights Apartments

Reserve Flats

Forte Living of Aberdeen: 50+ Community!
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.

Sioux Village

The Plains Apartments

Depot Apartments

Generations on 1st

Trails Head

Wilkeshire Apartments

Paramount Estates 1

Archer Flats

Prairie Springs Apartments

Prairie Village Apartments
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.

Oakes I & II Apartments

SunHill

Wheatgrass Village I

WestSide Apartments

One & Two Willow Creek

Paragon

Latitude 44

Innovation Village

511 Main Ave N

625 14th Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

725 6th Ave S

811 7th St

1024 Western Ave

1205 S Main St

511 N Penn St

420 4th St SE

509 S 9th St

1223 S Main St

15 S Kampeska Blvd

218 S Lake Dr
Navigating 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.

Prairie Park Fairmount Apartments

Clinton Community Housing

Ridgeview Manor

Woodland Park - Ivanhoe

Heritage High Apartments

Parkview Apartments and Townhomes

630 S High St

1009 Southland Ln

907 5th St S

105 Carly Dr
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 | $953 | $815 | $1,155 |
| Wallace 1 Bedroom Apartments | $1,166 | $455 | $1,980 |
| Wallace 2 Bedroom Apartments | $1,463 | $545 | $1,975 |
| Wallace 3 Bedroom Apartments | $1,528 | $870 | $1,840 |
| Wallace 4 Bedroom Apartments | $1,347 | $910 | $1,800 |
Browse Top Apartments in Wallace
See all Apartments in WallaceExplore Wallace
Wallace, SD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Largest Available Wallace and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Wallace, SD is found at The Plains Apartments and is 1,214 square feet priced from $1,545. Innovation Village in the Downtown Brookings neighborhood has the second largest 2 Bedroom, which is sized at 1,211 square feet and currently listed start at $1,520. Here is today’s list of the largest available 2 Bedroom units in Wallace:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Plains Apartments | 1635 - 2B | 1,214 Sq Ft | $1,545 |
| Innovation Village | Enterprise E | 1,211 Sq Ft | $1,520 |
| Generations on 1st | 2BR/2.0BA | 1,116 Sq Ft | $1,580 |
| Trails Head | River Bend | 1,026 Sq Ft | $1,700 |
| Wilmot Estates Apartments | 2 Bedroom 2 Bathroom Apartment | 1,020 Sq Ft | $1,415 |
| Forte of Brookings: 50+ Community! | Wren | 1,002 Sq Ft | $1,690 |
| Latitude 44 | The Phoenix | 990 Sq Ft | $1,565 |
| Mary's Heights Apartments | 2 Beds, 2 baths | 957 Sq Ft | $545 |
| Wheatgrass Village I | 906 Sq Ft | $1,500 | |
| Paragon | The Pinnacle | 900 Sq Ft | $1,800 |
Cheapest Available Wallace and Nearby 2 Bedroom Apartments
As of April 12, 2026 the lowest priced 2 Bedroom apartment unit in Wallace, SD is the 2 Beds, 2 baths Model starting from $545 at Mary's Heights Apartments . The second most affordable Wallace 2 Bedroom is the 2 Bedroom Model at SunHill starting at $1,000 . The average price for all 2 Bedroom apartments in Wallace is currently $1,463. Here is today’s list of the cheapest available 2 Bedroom options in Wallace:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Mary's Heights Apartments | 2 Beds, 2 baths | $545 |
| SunHill | 2 Bedroom | $1,000 |
| Wilkeshire Apartments | Fairview | $1,025 |
| Aberdeen Communities | 2 BED 1 BATH | $1,250 |
| Wilmot Estates Apartments | 2 Bedroom 2 Bathroom Apartment | $1,415 |
| The Plains Apartments | 1635 - 2A | $1,445 |
| Forte of Brookings: 50+ Community! | Sparrow | $1,480 |
| Innovation Village | Enterprise E | $1,520 |
| Archer Flats | 2 Bedroom Townhome | $1,550 |
| Latitude 44 | The Phoenix | $1,565 |
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
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 2 Bedroom Wallace Apartments
What is the Cheapest apartment in Wallace with 2 Bedroom?
Currently the most affordable 2 Bedroom in Wallace is at Mary's Heights Apartments listed at $545.
How much is the average rent for a 2 Bedroom Wallace Apartment?
The average rent for a 2 Bedroom Apartment in Wallace is $1,463.
What is the largest available 2 Bedroom Wallace Apartment for rent?
Today's apartment with the most square footage in Wallace is a 1,214 square feet unit starting from $1,545 at The Plains Apartments.
What is the average size for Wallace 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Wallace is currently 761 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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.