
Cheap Apartments for Rent in Amherst, SD from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Amherst.


511 Main Ave N

97 7th Ave S

902 1st St S

500 1st Ave S

262 2nd St SW

9 1st Ave NE

328 Dewey 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.

Prairie Park Fairmount Apartments

Liberty Lights Apartments

1105 N Main St

Oakes I & II Apartments

Gwinner I & II Apartments

920 N 2nd St

2103 4th Ave SE

Center Street Apartments

Aberdeen Communities
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.

Prairie Village Apartments

Depot Apartments

1324 11th Ave SE

Westdale Apartments

Prairie Springs Apartments

1007 N 2nd St

Wilkeshire Apartments
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.
Amherst, SD Local Guide

How much does it cost to rent an apartment in Amherst?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Amherst Studio Apartments | $893 | $599 | $1,035 |
Amherst 1 Bedroom Apartments | $928 | $294 | $1,595 |
Amherst 2 Bedroom Apartments | $1,148 | $545 | $1,750 |
Amherst 3 Bedroom Apartments | $1,201 | $650 | $1,870 |
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Amherst, SD Local Guide
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Cheapest Available Amherst Apartments for Rent and Nearby
 The cheapest available apartment rental in Amherst, 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 Amherst 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 |
Heritage Square | 1 Bed, 1 bath | 1BR,1BA | $575 |
Center Street Apartments | Wahp 2 bed | 2BR,1BA | $795 |
Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $795 |
Liberty Lights Apartments | 3 Bedroom | 3BR,1BA | $795 |
Gwinner I & II Apartments | 2br/1bath | 2BR,1BA | $800 |
Oakes I & II Apartments | 2BR/2BA | 2BR,2BA | $825 |
630 S High St | High Street #5 | 2BR,1BA | $850 |
Best Value Apartments for Rent in Amherst, SD and Nearby
As of May 13, 2025 the best value apartment in the Amherst area is the $1.12 price per square foot E Model at Marketplace Apartments in the starting from $1,495. The second greatest value Amherst apartment is the 2BR/2.0BA Model at One & Two Willow Creek starting at $1,465 with a $1.12 price per square foot . Here is today’s list of the best values for Amherst apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Marketplace Apartments | E | 2BR,2BA | $1.12 |
One & Two Willow Creek | 2BR/2.0BA | 2BR,2BA | $1.12 |
Oakes I & II Apartments | 3BR/1BA | 3BR,1BA | $0.83 |
Prairie Park Fairmount Apartments | 3 Beds, 1 bath | 3BR,1BA | $0.67 |
Beardsley Apartments | One Bedroom | 1BR,1BA | $0.58 |
Gwinner I & II Apartments | 2br/1bath | 2BR,1BA | $0.91 |
Wilkeshire Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.04 |
Center Street Apartments | Wahp 2 bed | 2BR,1BA | $0.99 |
Liberty Lights Apartments | 3 Bedroom | 3BR,1BA | $0.99 |
103 N Lloyd St, Unit 6 | 103 N Lloyd St | 1BR,1BA | $0.47 |
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Frequently Asked Questions about Cheap Amherst Apartments
How much is rent for a Cheap One Bedroom Amherst Apartment?
The lowest price for a Cheap One Bedroom Amherst Apartment is $519 at Beardsley Apartments.
What is the lowest price for a Cheap Two Bedroom Amherst Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Amherst is starting from $545 at Prairie Park Fairmount Apartments.
What is the most affordable Amherst Three Bedroom Apartment?
The best deal on a cheap Amherst Three Bedroom Apartment rental is at Prairie Park Fairmount Apartments and starts from $650.
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.