Cheap Apartments for Rent in Alexandria, SD from $300 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in Alexandria.

property at 1001 S Burr St

1001 S Burr St

MitchellSD57301

Alexandria, SD Local Guide

Cheapest Available Alexandria Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alexandria, SD is a 1 Bed unit found at Lake Area Townhomes priced from $810. West Oaks Estates has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here is today’s list of the most affordable Alexandria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lake Area Townhomes1 Bedroom1BR,1BA$810
West Oaks EstatesEfficiency UnitStudio,1BA$849
Maple Pass Apartments & Townhomes1 Bed 1 Bath Apartment1BR,1BA$860

Best Value Apartments for Rent in Alexandria, SD and Nearby

As of April 15, 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 $810 with a $0.68 price per square foot . Here is today’s list of the best values for Alexandria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fifth Street Apartments & TownhousesUpper Apartment3BR,2BA$1.20
Lake Area Townhomes1 Bedroom1BR,1BA$0.68
2911 N Ohlman St, Unit 12911 N Ohlman St2BR,2BA$0.90
2201 N Kimball St, Unit 62201 N Kimball St2BR,2BA$0.90
411 Main St, Unit A411 Main St2BR,1BA$0.68
Edgerton PlaceEdgerton Place Phase II - 1 Bed 1 Bath1BR,1BA$1.36
Maple Pass Apartments & Townhomes1 Bed 1 Bath Apartment1BR,1BA$1.25
Pheasant Ridge Village Apartments1 Bedroom - Deck/Patio1BR,1BA$1.62
913 S Main St, Unit 3913 S Main St1BR,1BA$1.21
West Oaks EstatesEfficiency UnitStudio ,1BA$2.26

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Alexandria, SD Rentals by Map

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Getting Around Alexandria, SD

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $810 at Lake Area Townhomes.

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 $975 at Maple Pass Apartments & Townhomes.

What is the most affordable Alexandria Three Bedroom Apartment?

The best deal on a cheap Alexandria Three Bedroom Apartment rental is at Maple Pass Apartments & Townhomes and starts from $1,230.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.