130 2nd Ave
DavenportND58021
Cheap Homes for Rent in Lake City, SD from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lake City.
411 4th Ave SE
AberdeenSD57401
180 1st St
DavenportND58021
401 Tower RdApt
Fergus FallsMN56537
815 Center St S
WahpetonND58075
929 Circle Dr
AberdeenSD57401
724 S Oak St
Fergus FallsMN56537
418 8th StApt
BreckenridgeMN56520
615 1st Ave SE
WatertownSD57201
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Lake City, SD Local Guide
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How much does it cost to rent a home in Lake City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake City 2 Bedroom Homes for Rent | $1,060 | $695 | $1,800 |
| Lake City 3 Bedroom Homes for Rent | $2,571 | $1,045 | $10,000+ |
| Lake City 4 Bedroom Homes for Rent | $2,361 | $2,150 | $2,950 |
Browse Top Homes for Rent in Lake City
Explore Lake City
Lake City, SD Local Guide
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Cheapest Available Lake City Apartments for Rent and Nearby
The cheapest available apartment rental in Lake City, SD is a 1 Bed unit found at Beardsley Apartments priced from $482. 806 W 5th St has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Lake City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beardsley Apartments | One Bedroom | 1BR,1BA | $482 |
| 806 W 5th St | Studio | Studio,1BA | $525 |
| Prairie Park Fairmount Apartments | 2 Beds, 1 bath | 2BR,1BA | $545 |
Best Value Apartments for Rent in Lake City, SD and Nearby
As of April 14, 2025 the best value apartment in the Lake City area is the $1.29 price per square foot 2BR/2.0BA Model at One & Two Willow Creek in the starting from $1,695. The second greatest value Lake City apartment is the 3BR/1BA Model at Oakes I & II Apartments starting at $900 with a $0.83 price per square foot . Here is today’s list of the best values for Lake City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| One & Two Willow Creek | 2BR/2.0BA | 2BR,2BA | $1.29 |
| Oakes I & II Apartments | 3BR/1BA | 3BR,1BA | $0.83 |
| Wilkeshire Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.88 |
| Prairie Park Fairmount Apartments | 3 Beds, 1 bath | 3BR,1BA | $0.67 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.54 |
| Gwinner I & II Apartments | 2br/1bath | 2BR,1BA | $0.91 |
| Colonial Village Apartments | Colonial: 2 Bedroom Apt | 2BR,1BA | $1.08 |
| Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $1.00 |
| Southview Apartments | 2 Bed/1 Bath | 2BR,1BA | $0.93 |
| Liberty Lights Apartments | 1 Bedroom | 1BR,1BA | $1.22 |
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Frequently Asked Questions about Lake City
What type of rentals are currently available in Lake City?
There are currently 47 Apartments for Rent in Lake City, SD with pricing that ranges from $502 to $1,870. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $650 to $10,000.
What is the current price range for Rental Homes in Lake City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake City ranges from $650 to $10,000 with an average monthly rent of $1,552.
How much are larger Three and Four Bedroom Rentals in Lake City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake City range from $650 to $1,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,045 to $10,000. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $1,245.
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.
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.
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.