Cheap Apartments for Rent in Milbank, SD from $400 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Milbank.

Natures Edge Partners LLC

511 Main Ave N

262 2nd St SW

500 1st Ave S

Prairie Park Fairmount Apartments

Ridgeview Manor - Trail I and II

Lamplighter Apartments

The Rock Apartments

Innovation Village

The Nexus

Southland Court

125 Front St, Unit #2

208 Oregon Ave.
Milbank, SD Local Guide

How much does it cost to rent an apartment in Milbank?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Milbank Studio Apartments | $884 | $575 | $1,100 |
Milbank 1 Bedroom Apartments | $1,162 | $294 | $1,885 |
Milbank 2 Bedroom Apartments | $1,438 | $545 | $2,170 |
Milbank 3 Bedroom Apartments | $1,358 | $650 | $1,870 |
Milbank 4 Bedroom Apartments | $1,472 | $1,350 | $1,595 |
Browse Top Apartments in Milbank
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Milbank, SD Local Guide
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Cheapest Available Milbank Apartments for Rent and Nearby
 The cheapest available apartment rental in Milbank, 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 Milbank 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 |
RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
Wildwood Apartments | 1BR/1.0BA | 1BR,1BA | $715 |
The Rock Apartments | GF: 2 Bed 1 Bath | 2BR,1BA | $750 |
Southland Court | Studio - B | Studio,1BA | $795 |
The Nexus | 235 - 2 BR/1 BA | 2BR,1BA | $795 |
Suite Liv'n - Marshall | One Bedroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Milbank, SD and Nearby
As of March 26, 2025 the best value apartment in the Milbank area is the $1.12 price per square foot 2BR/2.0BA Model at One & Two Willow Creek in the starting from $1,465. The second greatest value Milbank apartment is the 2 Bed 1 Bath Model at Wilkeshire Apartments starting at $950 with a $0.88 price per square foot . Here is today’s list of the best values for Milbank 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 | $1.12 |
Wilkeshire Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.88 |
Briarwood Estates | 901D Briarwood | 3BR,2BA | $1.30 |
Block 100 | Two Bedroom | 2BR,1BA | $1.18 |
Prairie Park Fairmount Apartments | 3 Beds, 1 bath | 3BR,1BA | $0.67 |
Westfield Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.32 |
Cardinal Estates | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
Beardsley Apartments | One Bedroom | 1BR,1BA | $0.54 |
RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
103 N Lloyd St, Unit 6 | 103 N Lloyd St | 1BR,1BA | $0.47 |
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Best Local Schools in Milbank, SD
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Getting Around Milbank, SD
Walk Score®
49 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Milbank Apartments
What is the Cheapest Studio apartment in Milbank?
Currently the most affordable Cheap Studio Apartment in Milbank is at 806 W 5th St listed at $525.
How much is rent for a Cheap One Bedroom Milbank Apartment?
The lowest price for a Cheap One Bedroom Milbank Apartment is $482 at Beardsley Apartments.
What is the lowest price for a Cheap Two Bedroom Milbank Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Milbank is starting from $545 at Prairie Park Fairmount Apartments.
What is the most affordable Milbank Three Bedroom Apartment?
The best deal on a cheap Milbank Three Bedroom Apartment rental is at Prairie Park Fairmount Apartments and starts from $650.
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.