
2 Bedroom Apartments for Rent in Wallace, SD (49 Rentals)


Total Monthly Price
Forte Living of Aberdeen: 50+ Community!

The Oaks

Forte of Brookings: 50+ Community!

Sweetgrass Crossing

Dakota Estates

Presentation Heights

Mary's Heights Apartments

Total Monthly Price
Reserve Flats

Depot Apartments
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Sioux Village

The Plains Apartments

Generations on 1st

Trails Head

Wilkeshire Apartments

Archer Flats

Prairie Springs Apartments

Paramount Estates 1

Marketplace 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

Paragon

Latitude 44

Innovation Village

One & Two Willow Creek

511 Main Ave N

308 3rd Ave

811 7th St
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213 13th Ave E

1219 1st Ave SE

615 1st Ave SE

Prairie Park Fairmount Apartments

Clinton Community Housing

Ridgeview Manor - Trail I and II

Woodland Park - Ivanhoe

Heritage High Apartments

Parkview Apartments and Townhomes

630 S High St
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1009 Southland Ln

907 5th St S

105 Carly Dr

Ucity Townhomes

629 11th Ave

Chokio Housing (5)

Home Rite Apartments

1631 Olive Dr

Southland Court
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 | $950 | $815 | $1,155 |
| Wallace 1 Bedroom Apartments | $1,159 | $455 | $1,980 |
| Wallace 2 Bedroom Apartments | $1,455 | $545 | $1,975 |
| Wallace 3 Bedroom Apartments | $1,584 | $870 | $2,100 |
| Wallace 4 Bedroom Apartments | $1,247 | $910 | $1,800 |
Browse Top Apartments in Wallace
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Wallace, SD Local Guide
- Nearby Cities
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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 | 1629 - 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 |
| Forte of Brookings: 50+ Community! | Wren | 1,002 Sq Ft | $1,690 |
| Sweetgrass Crossing | Buffalo | 996 Sq Ft | $1,486 |
| Latitude 44 | The Phoenix | 990 Sq Ft | $1,565 |
| Mary's Heights Apartments | 2 Beds, 2 baths | 957 Sq Ft | $545 |
| Wheatgrass Village I | 2 Bed 1 Bath | 906 Sq Ft | $990 |
| Paragon | The Pinnacle | 900 Sq Ft | $1,800 |
Cheapest Available Wallace and Nearby 2 Bedroom Apartments
As of February 26, 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 50% 1x1 Model at Presentation Heights starting at $872 . The average price for all 2 Bedroom apartments in Wallace is currently $1,455. 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 |
| Presentation Heights | 50% 1x1 | $872 |
| Wheatgrass Village I | 2 Bed 1 Bath | $990 |
| SunHill | 2 Bedroom | $1,000 |
| Aberdeen Communities | 2 BED 1 BATH | $1,250 |
| Sweetgrass Crossing | Canary | $1,300 |
| Innovation Village | Enterprise F | $1,370 |
| The Plains Apartments | 1635 - 2A | $1,445 |
| Forte of Brookings: 50+ Community! | Sparrow | $1,480 |
| Latitude 44 | The Phoenix | $1,565 |
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.
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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 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 $1,455.
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 833 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.

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.