1045 E 3rd St
RedfieldSD57469
Cheap Apartments for Rent in Wallace, SD from $300 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Wallace.
511 Main Ave N
HankinsonND58041
262 2nd St SW
FormanND58032
close
View Me
Rent Specials
$455 - $1,3551 to 3 Bedroom Apartments Available Now
Mary's Heights Apartments
2330 Challenger WayWatertown, SD 57201
500 1st Ave S
FairmountND58030
close
View Me
Rent Specials
$600 - $700
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowBeardsley Apartments
210 4th Ave WBeardsley, MN 56211
close
View Me
Rent Specials
$700 - $9001 to 3 Bedroom Apartments Contact Us For Availability
Oakes I & II Apartments
209-215 S 2nd StOakes, ND 58474
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.
close
View Me
$815 - $1,980Studio to 3 Bedroom Apartments Available Jun 26
Innovation Village
2405 10th StBrookings, SD 57006
close
View Me
$840 - $1,0401 to 2 Bedroom Apartments Contact Us For Availability
Depot Apartments
1116 S Main StAberdeen, SD 57401
close
View Me
$866 - $1,476Studio to 2 Bedroom Apartments Available Now
The Oaks
218 19th St SEWatertown, SD 57201
close
View Me
$890 - $1,525Studio to 2 Bedroom Apartments Available Now
Lofts at Park Hill
1116 6th StBrookings, SD 57006
625 14th Ave
BrookingsSD57006
close
View Me
1 to 2 Bedroom Apartments
Clinton Community Housing
320 1st StClinton, MN 56225
close
View Me
1 Bedroom Apartments
Morning Sun Apartments
300 Highland CtTyler, MN 56178
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.
close
View Me
2 to 3 Bedroom Apartments
Prairie Park Fairmount Apartments
209 5th StFairmount, ND 58030
close
View Me
1 to 2 Bedroom Apartments
Woodland Park - Ivanhoe
106 N County Road 5Ivanhoe, MN 56142
close
View Me
1 to 2 Bedroom Apartments
Home Rite Apartments
126 1st St SEOrtonville, MN 56278
309 W Washington Ave
HowardSD57349
close
View Me
2 Bedroom Apartments
Ridgeview Manor - Trail I and II
1604 1st Ave NWheaton, MN 56296
close
View Me
1 to 2 Bedroom Apartments
Heritage High Apartments
210 W Center StMadison, SD 57042
close
View Me
1 to 2 Bedroom Apartments
1631 Olive Dr
1631 Olive DrAberdeen, SD 57401
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.
close
View Me
Studio to 2 Bedroom Apartments
630 S High St
630 S High StAberdeen, SD 57401
close
View Me
Studio to 2 Bedroom Apartments
Southland Court
818 Southland LnBrookings, SD 57006
Showing Results 1-23, Page 1 of 1
Wallace, SD Local Guide
South Dakota Sunrise by USDA NRCS South Dakota is licensed under CC BY 2.0
How much does it cost to rent an apartment in Wallace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wallace Studio Apartments | $984 | $815 | $1,155 |
| Wallace 1 Bedroom Apartments | $1,320 | $455 | $10,000+ |
| Wallace 2 Bedroom Apartments | $1,524 | $545 | $6,300 |
| Wallace 3 Bedroom Apartments | $1,491 | $800 | $1,840 |
| Wallace 4 Bedroom Apartments | $1,338 | $910 | $1,810 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Wallace
See all Apartments in WallaceExplore Wallace
Wallace, SD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Wallace Apartments for Rent and Nearby
The cheapest available apartment rental in Wallace, SD is a 1 Bed unit found at Mary's Heights Apartments priced from $455. Beardsley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Wallace apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mary's Heights Apartments | 1 Bed, 1 bath | 1BR,1BA | $455 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $600 |
| The Oaks | Studio | Studio,1BA | $866 |
| Archer Flats | Efficiency | Studio,1BA | $925 |
| Latitude 44 | The Cove | Studio,1BA | $955 |
Best Value Apartments for Rent in Wallace, SD and Nearby
As of May 27, 2026 the best value apartment in the Wallace area is the $0.89 price per square foot 3 Bedroom Townhome Model at Wheatgrass Village I in the starting from $1,465. The second greatest value Wallace apartment is the 3 Beds, 2 baths Model at Mary's Heights Apartments starting at $800 with a $0.60 price per square foot . Here is today’s list of the best values for Wallace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wheatgrass Village I | 3 Bedroom Townhome | 3BR,2.5BA | $0.89 |
| Mary's Heights Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.60 |
| SunHill Lake Norden | 3 Beds, 1 bath | 3BR,1BA | $1.18 |
| Reserve Flats | 3 Bed 2 Bath | 3BR,2BA | $1.72 |
| Prairie Springs Apartments | Prairie Springs 1 - 2 bed 1 bath | 2BR,1BA | $1.15 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.67 |
| Forte of Brookings: 50+ Community! | Sparrow | 2BR,1BA | $1.73 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.46 |
| Wilmot Estates Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.73 |
| The Oaks | Studio | Studio ,1BA | $1.73 |
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 Article
Real 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.
Let everyone know!
Do you know the Wallace area?
If you’re an expert on all things Wallace, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Cheap Wallace Apartments
What is the Cheapest Studio apartment in Wallace?
Currently the most affordable Cheap Studio Apartment in Wallace is at The Oaks listed at $866.
How much is rent for a Cheap One Bedroom Wallace Apartment?
The lowest price for a Cheap One Bedroom Wallace Apartment is $455 at Mary's Heights Apartments.
What is the lowest price for a Cheap Two Bedroom Wallace Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wallace is starting from $545 at Mary's Heights Apartments.
What is the most affordable Wallace Three Bedroom Apartment?
The best deal on a cheap Wallace Three Bedroom Apartment rental is at Mary's Heights Apartments and starts from $800.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.