Cheap Apartments for Rent in Hot Springs, SD from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Hot Springs.

Robbinsdale Heights 1

318 National St

Bridgewood Estates

Shepherd Hills Commons

The Place at Estes Park

Sheridan Lake

Orchard Meadows

Johnson Ranch Apartments

Moonlight Apartment Complex

Canyon Lake Apartments

Prairie Tree Apartments

Copper Ridge Apartments

Creekside Heights Apartments, LLC

Candlewood Apartments

Split Creek Commons

Country Bluff Apartments

BG Flats Apartments

901 4th Ave

2710 W Rapid St

4002 Lakeview Dr

335 E St Anne St
Hot Springs, SD Local Guide

How much does it cost to rent an apartment in Hot Springs?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hot Springs Studio Apartments | $1,338 | $850 | $2,400 |
Hot Springs 1 Bedroom Apartments | $1,483 | $795 | $3,200 |
Hot Springs 2 Bedroom Apartments | $1,795 | $770 | $4,300 |
Hot Springs 3 Bedroom Apartments | $1,942 | $1,205 | $2,824 |
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Hot Springs, SD Local Guide
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Cheapest Available Hot Springs Apartments for Rent and Nearby
 The cheapest available apartment rental in Hot Springs, SD is a Studio unit found at Mesa Flats priced from $850. Bridgewood Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here is today’s list of the most affordable Hot Springs apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mesa Flats | Unfurnished Studio | Studio,1BA | $850 |
Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $870 |
Enchanted Pines | Studio | Studio,1BA | $900 |
Johnson Ranch Apartments | Studio | Studio,1BA | $950 |
Orchard Meadows | Studio | Studio,1BA | $950 |
Best Value Apartments for Rent in Hot Springs, SD and Nearby
As of March 22, 2025 the best value apartment in the Hot Springs area is the $1.46 price per square foot 3x2 Model at The Pines in the starting from $1,849. The second greatest value Hot Springs apartment is the 3 Beds, 2 baths Model at Stonegate Community starting at $1,495 with a $1.27 price per square foot . Here is today’s list of the best values for Hot Springs apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Pines | 3x2 | 3BR,2BA | $1.46 |
Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1.08 |
The Altitude Villas | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.57 |
Gateway | 1x1 | 1BR,1BA | $1.56 |
Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $1.18 |
Candlewood Apartments | 1 Bedroom | 1BR,1BA | $1.42 |
Stoney Creek Highlands | The Crossing | 1BR,1BA | $1.69 |
Creekside Heights Apartments, LLC | Efficiency | Studio ,1BA | $1.49 |
Country Bluff Apartments | The Jefferson | 1BR,1BA | $1.58 |
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Best Local Schools in Hot Springs, SD
Hot Springs Elementary - 02
Hot Springs High School - 01
Hot Springs Middle School - 06
School data provided by Great Schools
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Getting Around Hot Springs, SD
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
23 / 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 Hot Springs Apartments
What is the Cheapest Studio apartment in Hot Springs?
Currently the most affordable Cheap Studio Apartment in Hot Springs is at Mesa Flats listed at $850.
How much is rent for a Cheap One Bedroom Hot Springs Apartment?
The lowest price for a Cheap One Bedroom Hot Springs Apartment is $870 at Bridgewood Estates.
What is the lowest price for a Cheap Two Bedroom Hot Springs Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hot Springs is starting from $1,005 at Bridgewood Estates.
What is the most affordable Hot Springs Three Bedroom Apartment?
The best deal on a cheap Hot Springs Three Bedroom Apartment rental is at Bridgewood Estates and starts from $1,205.
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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.