304 N Main St
MitchellSD57301
Cheap Homes for Rent in Lake Preston, SD from $700 (9 Rentals)
Cheap Homes in Lake Preston.
326 McCabe St
MitchellSD57301
309 W Washington Ave
HowardSD57349
608 S Anderson St
MitchellSD57301
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.
508 W 2nd Ave
MitchellSD57301
216 E 11th Ave
MitchellSD57301
908 E 3rd Ave
MitchellSD57301
215-219 9th St SW
WatertownSD57201
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.
1301 John Deere Cir
MadisonSD57042
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Lake Preston, SD Local Guide
South Dakota Sunrise by USDA NRCS South Dakota is licensed under CC BY 2.0
How much does it cost to rent a home in Lake Preston?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Preston 2 Bedroom Homes for Rent | $1,199 | $850 | $1,800 |
| Lake Preston 3 Bedroom Homes for Rent | $2,384 | $1,200 | $10,000+ |
| Lake Preston 4 Bedroom Homes for Rent | $2,419 | $1,450 | $2,995 |
| Lake Preston 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Lake Preston 6 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Top Homes for Rent in Lake Preston
Explore Lake Preston
Lake Preston, SD Local Guide
- Nearby Cities
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Cheapest Available Lake Preston Apartments for Rent and Nearby
The cheapest available apartment rental in Lake Preston, SD is a 1 Bed unit found at Copper Flats priced from $480. Southland Court in the Downtown Brookings neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable Lake Preston apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Copper Flats | 1 Bedroom 1 Bathroom | 1BR,1BA | $480 |
| Southland Court | Studio - B | Studio,1BA | $795 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $820 |
Best Value Apartments for Rent in Lake Preston, SD and Nearby
As of May 06, 2025 the best value apartment in the Lake Preston area is the $1.03 price per square foot TH 4P/B - 1,640 Model at Wheatgrass Village I in the starting from $1,695. The second greatest value Lake Preston apartment is the 2BR/2.0BA Model at One & Two Willow Creek starting at $1,750 with a $1.34 price per square foot . Here is today’s list of the best values for Lake Preston apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wheatgrass Village I | TH 4P/B - 1,640 | 4BR,2.5BA | $1.03 |
| One & Two Willow Creek | 2BR/2.0BA | 2BR,2BA | $1.34 |
| Fifth Street Apartments & Townhouses | Upper Apartment | 3BR,2BA | $1.20 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $0.69 |
| Copper Flats | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.96 |
| 110 W 10th St | Model A | 2BR,2BA | $1.25 |
| Wilkeshire Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.04 |
| Marion Crossing Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.19 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.36 |
| Maple Pass Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.30 |
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Frequently Asked Questions about Lake Preston
What type of rentals are currently available in Lake Preston?
There are currently 49 Apartments for Rent in Lake Preston, SD with pricing that ranges from $399 to $2,571. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Preston ranging from $750 to $10,000.
What is the current price range for Rental Homes in Lake Preston?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Preston ranges from $750 to $10,000 with an average monthly rent of $1,692.
How much are larger Three and Four Bedroom Rentals in Lake Preston?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Preston range from $399 to $2,571, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,695.
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.
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.
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.