
Cheap Apartments for Rent in Montrose, SD from $300 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Montrose.


Heritage High Apartments

University Hills Village

The Boundary
Montrose, SD Local Guide

How much does it cost to rent an apartment in Montrose?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Montrose Studio Apartments | $975 | $745 | $1,326 |
Montrose 1 Bedroom Apartments | $1,120 | $810 | $2,155 |
Montrose 2 Bedroom Apartments | $1,381 | $740 | $2,702 |
Montrose 3 Bedroom Apartments | $1,581 | $399 | $2,774 |
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Montrose, SD Local Guide
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Cheapest Available Montrose Apartments for Rent and Nearby
 The cheapest available apartment rental in Montrose, SD is a 1 Bed unit found at Lake Area Townhomes priced from $810. Maple Park Apartments & Townhomes in the Northwest Sioux Falls neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $820. Here is today’s list of the most affordable Montrose apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $810 |
Maple Park Apartments & Townhomes | 2 Bedroom 2 Bathroom Apartment | 2BR,2BA | $820 |
University Hills Village | Studio - 559 sqft | Studio,1BA | $825 |
Best Value Apartments for Rent in Montrose, SD and Nearby
As of March 12, 2025 the best value apartment in the Montrose area is the $1.16 price per square foot 3 Bedroom 2 Batrhoom Model at Rocky Ridge Townhomes in the starting from $1,978. The second greatest value Montrose apartment is the 3 Bedroom, 2 Bathroom Model at Lobelia & Bison Trail Townhomes starting at $1,645 with a $1.21 price per square foot . Here is today’s list of the best values for Montrose apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Rocky Ridge Townhomes | 3 Bedroom 2 Batrhoom | 3BR,2BA | $1.16 |
Lobelia & Bison Trail Townhomes | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.21 |
Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
Fifth Street Apartments & Townhouses | Upper Apartment | 3BR,2BA | $1.20 |
Maple Pass Apartments & Townhomes | 3 Bed 2 Bath Apartment | 3BR,2BA | $1.02 |
Falls Park Apartments | Rushmore | 3BR,2BA | $0.80 |
Stoney Creek Townhomes | 3 Bedroom 1.5 Bathroom | 3BR,1.5BA | $0.97 |
Maple Park Apartments & Townhomes | 2 Bedroom 2 Bathroom Apartment | 2BR,2BA | $0.78 |
West Briar Estates | 2 Bedroom 1 Bath | 2BR,1BA | $1.01 |
West Briar Commons | 1 Bedroom / 1 Bathroom Townhome | 1BR,1BA | $1.13 |
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Getting Around Montrose, SD
Walk Score®
3 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
33 / 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 Montrose Apartments
What is the Cheapest Studio apartment in Montrose?
Currently the most affordable Cheap Studio Apartment in Montrose is at University Hills Village listed at $825.
How much is rent for a Cheap One Bedroom Montrose Apartment?
The lowest price for a Cheap One Bedroom Montrose Apartment is $810 at Lake Area Townhomes.
What is the lowest price for a Cheap Two Bedroom Montrose Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Montrose is starting from $820 at Maple Park Apartments & Townhomes.
What is the most affordable Montrose Three Bedroom Apartment?
The best deal on a cheap Montrose Three Bedroom Apartment rental is at Falls Park Apartments and starts from $926.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.