
Cheap Homes for Rent in Wallace, SD from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Wallace.


511 Main Ave N

262 2nd St SW

17 2nd Ave NE
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.

322 3rd Ave

917 S 3rd St

615 N Harth Ave

1023 S Lincoln St

1038 S Lake Dr
The 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.

241 E Ronning Ave
Wallace, SD Local Guide

How much does it cost to rent a home in Wallace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Wallace 2 Bedroom Homes for Rent | $1,215 | $1,000 | $1,650 |
Wallace 3 Bedroom Homes for Rent | $3,109 | $895 | $10,000+ |
Wallace 4 Bedroom Homes for Rent | $1,300 | $1,100 | $1,500 |
Browse Top Homes for Rent in Wallace
Explore Wallace
Wallace, SD Local Guide
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Cheapest Available Wallace Apartments for Rent and Nearby
 The cheapest available apartment rental in Wallace, SD is a 1 Bed unit found at Beardsley Apartments priced from $519. Prairie Park Fairmount Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $545. Here is today’s list of the most affordable Wallace apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Beardsley Apartments | One Bedroom | 1BR,1BA | $519 |
Prairie Park Fairmount Apartments | 2 Beds, 1 bath | 2BR,1BA | $545 |
Southland Court | Studio - B | Studio,1BA | $750 |
Best Value Apartments for Rent in Wallace, SD and Nearby
As of August 04, 2025 the best value apartment in the Wallace area is the $1.22 price per square foot 3 Bed Model at Cloverfield Townhomes in the in the Downtown Brookings neighborhood starting from $2,200. The second greatest value Wallace apartment is the 2 Bed Model at 105 Carly Dr starting at $1,425 with a $1.23 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. |
---|---|---|---|
Cloverfield Townhomes | 3 Bed | 3BR,2.5BA | $1.22 |
105 Carly Dr | 2 Bed | 2BR,1.5BA | $1.23 |
Oakes I & II Apartments | 3BR/1BA | 3BR,1.5BA | $0.83 |
Marketplace Apartments | 2BR/2.0BA | 2BR,2BA | $1.37 |
Forte Living of Aberdeen: 50+ Community! | Wren | 2BR,2BA | $1.42 |
Prairie Park Fairmount Apartments | 3 Beds, 1 bath | 3BR,1BA | $0.67 |
Wheatgrass Village I | 2X - 906 | 2BR,1BA | $1.09 |
Beardsley Apartments | One Bedroom | 1BR,1BA | $0.58 |
Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.40 |
103 N Lloyd St, Unit 6 | 103 N Lloyd St | 1BR,1BA | $0.47 |
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Frequently Asked Questions about Wallace
What type of rentals are currently available in Wallace?
There are currently 47 Apartments for Rent in Wallace, SD with pricing that ranges from $294 to $2,200. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wallace ranging from $275 to $10,000.
What is the current price range for Rental Homes in Wallace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wallace ranges from $275 to $10,000 with an average monthly rent of $1,477.
How much are larger Three and Four Bedroom Rentals in Wallace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wallace range from $650 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,695.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.