Cheap Homes for Rent in Hot Springs, SD from $600 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in Hot Springs.

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.

Hot Springs, SD Local Guide

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 ListingModel NameBed/BathPriced From
Mesa FlatsUnfurnished StudioStudio,1BA$850
Bridgewood EstatesOpen living space + spacious master1BR,1BA$870
Moonlight Apartment ComplexStudioStudio,1BA$975

Best Value Apartments for Rent in Hot Springs, SD and Nearby

As of April 26, 2025 the best value apartment in the Hot Springs area is the $1.27 price per square foot 3 Beds, 2 baths Model at Stonegate Community in the starting from $1,495. The second greatest value Hot Springs apartment is the C2 Model at Canyon Lake Apartments starting at $1,445 with a $1.43 price per square foot . Here is today’s list of the best values for Hot Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
Canyon Lake ApartmentsC23BR,1BA$1.43
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$1.08
The Altitude Villas1 Bedroom, 1 Bathroom1BR,1BA$1.68
Gateway Apartments1 Bedroom1BR,1BA$1.56
Bridgewood EstatesOpen living space + spacious master1BR,1BA$1.18
Candlewood Apartments1 Bedroom1BR,1BA$1.36
Stoney Creek HighlandsThe Crossing1BR,1BA$1.55
Creekside Heights Apartments, LLCEfficiencyStudio ,1BA$1.49
Country Bluff ApartmentsThe Jefferson1BR,1BA$1.56

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Frequently Asked Questions about Hot Springs

What type of rentals are currently available in Hot Springs?

There are currently 44 Apartments for Rent in Hot Springs, SD with pricing that ranges from $795 to $4,300. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hot Springs ranging from $695 to $5,000.

What is the current price range for Rental Homes in Hot Springs?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hot Springs ranges from $695 to $5,000 with an average monthly rent of $2,312.

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.

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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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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and 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.

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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.