
Studio Apartments for Rent near Wallace, SD (15 Rentals)


The Oaks I & II

Forte of Brookings: 50+ Community!

Dakota Estates

Latitude 44
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

Wilmot Estates Apartments

Paragon

Sioux Village

Forte Living of Aberdeen: 50+ Community!

Trails Head
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.

Lofts at Park Hill

Innovation Village

Archer Flats

Southland Court

630 S High St
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.
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 | $1,003 | $840 | $1,190 |
| Wallace 1 Bedroom Apartments | $1,256 | $455 | $2,030 |
| Wallace 2 Bedroom Apartments | $1,521 | $545 | $6,300 |
| Wallace 3 Bedroom Apartments | $1,385 | $800 | $1,905 |
| Wallace 4 Bedroom Apartments | $1,305 | $910 | $1,810 |
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Wallace, SD Local Guide
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Largest Available Wallace and Nearby Studio Apartments
The largest available Studio apartment unit in Wallace, SD is found at Sioux Village in the Downtown Brookings neighborhood and is 466 square feet priced from $995. Latitude 44 has the second largest Studio, which is sized at 430 square feet and currently listed start at $955. Here is today’s list of the largest available Studio units in Wallace:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Sioux Village | Studio | 466 Sq Ft | $995 |
| Latitude 44 | The Cove | 430 Sq Ft | $955 |
| Paragon | The Vista | 385 Sq Ft | $960 |
| Trails Head | Driftwood | 350 Sq Ft | $960 |
Cheapest Available Wallace and Nearby Studio Apartments
As of August 27, 2026 the lowest priced Studio apartment unit in Wallace, SD is the The Cove Model starting from $955 at Latitude 44 in the Downtown Brookings neighborhood. The second most affordable Wallace Studio is the The Vista Model at Paragon starting at $960 . The average price for all Studio apartments in Wallace is currently $1,003. Here is today’s list of the cheapest available Studio options in Wallace:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Latitude 44 | The Cove | $955 |
| Paragon | The Vista | $960 |
| Trails Head | Driftwood | $960 |
| Sioux Village | Studio | $995 |
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.
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Frequently Asked Questions about Studio Wallace Apartments
What is the Cheapest apartment in Wallace with Studio?
Currently the most affordable Studio in Wallace is at Latitude 44 listed at $955.
How much is the average rent for a Studio Wallace Apartment?
The average rent for a Studio Apartment in Wallace is $1,003.
What is the largest available Studio Wallace Apartment for rent?
Today's apartment with the most square footage in Wallace is a 466 square feet unit starting from $995 at Sioux Village.
What is the average size for Wallace Studio Apartments for rent?
The average size for a Studio rental in Wallace is currently 530 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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.