Cheap Apartments for Rent in Lyons, SD from $300 (9 Rentals)

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

Search the lowest-cost Apartments available for rent right now in Lyons.

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.

Lyons, SD Local Guide

Cheapest Available Lyons Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lyons, SD is a 1 Bed unit found at Arnold's Park Apartments in the Northwest Sioux Falls neighborhood priced from $450. Horizon Apartments in the Northeast Sioux Falls neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $655. Here is today’s list of the most affordable Lyons apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arnold's Park Apartments1BR $450// 2BR $550!!Deposit same as rent1BR,1BA$450
Horizon ApartmentsThree Bedroom3BR,2BA$655
Falls View ApartmentsOlympic1BR,1BA$749

Best Value Apartments for Rent in Lyons, SD and Nearby

As of April 27, 2025 the best value apartment in the Lyons area is the $1.20 price per square foot Upper Apartment Model at Fifth Street Apartments & Townhouses in the starting from $1,450. The second greatest value Lyons apartment is the Rushmore Model at Falls Park Apartments starting at $926 with a $0.80 price per square foot in the Northwest Sioux Falls neighborhood. Here is today’s list of the best values for Lyons apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fifth Street Apartments & TownhousesUpper Apartment3BR,2BA$1.20
Falls Park ApartmentsRushmore3BR,2BA$0.80
Horizon ApartmentsThree Bedroom3BR,2BA$0.57
Maple Park Apartments & Townhomes2 Bedroom 2 Bathroom Townhome2BR,2BA$1.07
Stoney Creek Townhomes3 Bedroom 1.5 Bathroom3BR,1.5BA$1.00
Willow Creek Townhomes and Apartments2bd2ba Pond Side TH2BR,2BA$1.13
Arnold's Park Apartments1BR $450// 2BR $550!!! Deposit same as rent2BR,1BA$0.71
Marion Crossing Apartments1 Bed 1 Bath Apartment1BR,1BA$1.19
J.A.K.E Apartments1 Bedroom/1 Bath1BR,1BA$1.13
Meadowbrook Apartments1 BR1BR,1BA$1.12

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

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lyons, SD Rentals by Map

View MapLyons, SD Apartments MapView MapLyons, SD Rental Homes Map

Frequently Asked Questions about Cheap Lyons Apartments

What is the Cheapest Studio apartment in Lyons?

Currently the most affordable Cheap Studio Apartment in Lyons is at Aspen Commons listed at $795.

How much is rent for a Cheap One Bedroom Lyons Apartment?

The lowest price for a Cheap One Bedroom Lyons Apartment is $450 at Arnold's Park Apartments.

What is the lowest price for a Cheap Two Bedroom Lyons Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lyons is starting from $550 at Arnold's Park Apartments.

What is the most affordable Lyons Three Bedroom Apartment?

The best deal on a cheap Lyons Three Bedroom Apartment rental is at Horizon Apartments and starts from $655.

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.