1045 E 3rd St
RedfieldSD57469
Cheap Homes for Rent near Wallace, SD from $400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Wallace.
500 1st Ave S
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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 a home in Wallace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wallace 2 Bedroom Homes for Rent | $997 | $580 | $1,495 |
| Wallace 3 Bedroom Homes for Rent | $2,870 | $975 | $10,000+ |
| Wallace 4 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 Mary's Heights Apartments priced from $455. Onaka Village in the Downtown Brookings neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $575. 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 |
| Onaka Village | 1BR/1BA | 1BR,1BA | $575 |
| Parkview Apartments and Townhomes | 2 bedroom apartment | 2BR,1BA | $935 |
Best Value Apartments for Rent in Wallace, SD and Nearby
As of July 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 |
| Campus View | 4 Bed + 2 Bath | 4BR,2BA | $1.22 |
| SunHill Lake Norden | 3 bed + 1 Bath | 3BR,1BA | $1.18 |
| Forte of Brookings: 50+ Community! | Wren | 2BR,2BA | $1.69 |
| Wilkeshire Apartments | Kent | 1BR,1BA | $1.12 |
| Parkview Apartments and Townhomes | 2 bedroom apartment | 2BR,1BA | $1.20 |
| The Plains Apartments | 1631 - 1 Bedroom - Island | 1BR,1BA | $1.67 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.46 |
| Onaka Village | 1BR/1BA | 1BR,1BA | $0.92 |
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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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 Wallace
What type of rentals are currently available in Wallace?
There are currently 61 Apartments for Rent in Wallace, SD with pricing that ranges from $455 to $6,300. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wallace ranging from $400 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 $400 to $10,000 with an average monthly rent of $1,735.
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 $800 to $1,905, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $910.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.