
Cheap Apartments for Rent in Alexandria, SD from $300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Alexandria.


531 Korb St

1001 S Burr St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

315 S Minnesota St

719 S Edmunds St

Heritage High Apartments

1004 E 4th Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

304 N Main St

326 McCabe St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Alexandria, SD Local Guide

How much does it cost to rent an apartment in Alexandria?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alexandria Studio Apartments | $941 | $850 | $1,055 |
Alexandria 1 Bedroom Apartments | $923 | $647 | $1,192 |
Alexandria 2 Bedroom Apartments | $1,034 | $621 | $1,555 |
Alexandria 3 Bedroom Apartments | $1,232 | $399 | $1,665 |
Alexandria 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Top Apartments in Alexandria
See all Apartments in AlexandriaExplore Alexandria
Alexandria, SD Local Guide
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Cheapest Available Alexandria Apartments for Rent and Nearby
 The cheapest available apartment rental in Alexandria, SD is a 1 Bed unit found at Copper Flats priced from $480. Lake Area Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $820. Here is today’s list of the most affordable Alexandria apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Copper Flats | 1 Bedroom 1 Bathroom | 1BR,1BA | $480 |
Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $820 |
Maple Pass Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $835 |
West Oaks Estates | Efficiency Unit | Studio,1BA | $849 |
Edgerton Place | Edgerton Place Phase I - 1 Bed 1 Bath | 1BR,1BA | $925 |
Best Value Apartments for Rent in Alexandria, SD and Nearby
As of May 19, 2025 the best value apartment in the Alexandria area is the $1.20 price per square foot Upper Apartment Model at Fifth Street Apartments & Townhouses in the starting from $1,450. The second greatest value Alexandria apartment is the 1 Bedroom Model at Lake Area Townhomes starting at $820 with a $0.69 price per square foot . Here is today’s list of the best values for Alexandria apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fifth Street Apartments & Townhouses | Upper Apartment | 3BR,2BA | $1.20 |
Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $0.69 |
114 N Kimball St, Unit 114 N Kimball | 114 N Kimball St | 2BR,1BA | $0.91 |
Copper Flats | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.96 |
2911 N Ohlman St, Unit 1 | 2911 N Ohlman St | 2BR,2BA | $0.90 |
2201 N Kimball St, Unit 6 | 2201 N Kimball St | 2BR,2BA | $0.90 |
Maple Pass Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.21 |
Edgerton Place | Edgerton Place Phase I - 1 Bed 1 Bath | 1BR,1BA | $1.49 |
West Oaks Estates | Efficiency Unit | Studio ,1BA | $2.26 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alexandria, SD Rentals by Map
See the most popular apartments and homes in Alexandria, SD
Getting Around Alexandria, SD
Walk Score®
27 / 100
Car-Dependent
Most errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Alexandria Apartments
How much is rent for a Cheap One Bedroom Alexandria Apartment?
The lowest price for a Cheap One Bedroom Alexandria Apartment is $480 at Copper Flats.
What is the lowest price for a Cheap Two Bedroom Alexandria Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alexandria is starting from $621 at Copper Flats.
What is the most affordable Alexandria Three Bedroom Apartment?
The best deal on a cheap Alexandria Three Bedroom Apartment rental is at Copper Flats and starts from $1,025.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.