Cheap Homes for Rent in Lane, SD from $500 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Lane, SD Local Guide

Cheapest Available Lane Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lane, SD is a 1 Bed unit found at Copper Flats priced from $480. Edgerton Place has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Lane apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Copper Flats1 Bedroom 1 Bathroom1BR,1BA$480
Edgerton PlaceEdgerton Place Phase II - StudioStudio,1BA$900
Pheasant Ridge Village Apartments1 Bedroom - No Deck/Patio1BR,1BA$980

Best Value Apartments for Rent in Lane, SD and Nearby

As of April 27, 2025 the best value apartment in the Lane 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 Lane apartment is the 3 Bedroom 2 Bathroom Model at Copper Flats starting at $1,025 with a $0.96 price per square foot . Here is today’s list of the best values for Lane apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wheatgrass Village ITH 4P/B - 1,6404BR,2.5BA$1.03
Copper Flats3 Bedroom 2 Bathroom3BR,2BA$0.96
2911 N Ohlman St, Unit 12911 N Ohlman St2BR,2BA$0.90
2201 N Kimball St, Unit 62201 N Kimball St2BR,2BA$0.90
Pheasant Ridge Village Apartments1 Bedroom - Deck/Patio1BR,1BA$1.62
Edgerton PlaceEdgerton Place Phase II - StudioStudio ,1BA$1.80

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Lane

What type of rentals are currently available in Lane?

There are currently 17 Apartments for Rent in Lane, SD with pricing that ranges from $621 to $1,695. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lane ranging from $275 to $10,000.

What is the current price range for Rental Homes in Lane?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lane ranges from $275 to $10,000 with an average monthly rent of $1,685.

How much are larger Three and Four Bedroom Rentals in Lane?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lane range from $814 to $1,225, 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 $1,500 and Four Bedroom Apartments start at $1,500.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.