
Cheap Homes for Rent in Owanka, SD from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Owanka.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

628 1/2 6th St
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.

2710 W Rapid St
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.

5509 Meadowlark Dr

1305 Dakota Dr
Owanka, SD Local Guide

How much does it cost to rent a home in Owanka?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Owanka 2 Bedroom Homes for Rent | $1,596 | $1,319 | $2,000 |
Owanka 3 Bedroom Homes for Rent | $2,052 | $1,500 | $3,000 |
Owanka 4 Bedroom Homes for Rent | $2,661 | $1,500 | $5,000 |
Owanka 5 Bedroom Homes for Rent | $3,199 | $2,398 | $4,000 |
Owanka 6 Bedroom Homes for Rent | $3,950 | $3,950 | $3,950 |
Browse Top Homes for Rent in Owanka
Explore Owanka
Owanka, SD Local Guide
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Cheapest Available Owanka Apartments for Rent and Nearby
 The cheapest available apartment rental in Owanka, SD is a Studio unit found at Tower Heights priced from $825. The Place at Hainesway in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $859. Here is today’s list of the most affordable Owanka apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Tower Heights | Studio | Studio,1BA | $825 |
The Place at Hainesway | One Bed, One Bath | 1BR,1BA | $859 |
Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $870 |
Best Value Apartments for Rent in Owanka, SD and Nearby
As of May 10, 2025 the best value apartment in the Owanka area is the $0.66 price per square foot 2 Beds, 2 baths Model at 440 N Creek Dr in the starting from $995. The second greatest value Owanka apartment is the 3 Beds, 2 baths Model at Stonegate Community starting at $1,495 with a $1.27 price per square foot . Here is today’s list of the best values for Owanka apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
440 N Creek Dr | 2 Beds, 2 baths | 2BR,2BA | $0.66 |
Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
Gateway Apartments | 3 Bedroom | 3BR,2BA | $1.35 |
Antelope Ridge | Dakota Acres 2 Bed Single Level | 2BR,1BA | $1.31 |
BG Flats Apartments | 2 Bedroom 2 Bathroom Apartment | 2BR,2BA | $1.28 |
The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1.08 |
Fox Run Apartments | 2 Bed - 1 Bath | 2BR,1BA | $1.39 |
Mountain View Village | 1/1 | 1BR,1BA | $1.40 |
Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $1.18 |
The Place at Hainesway | One Bed, One Bath | 1BR,1BA | $1.32 |
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.
Frequently Asked Questions about Owanka
What type of rentals are currently available in Owanka?
There are currently 35 Apartments for Rent in Owanka, SD with pricing that ranges from $497 to $4,232. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Owanka ranging from $800 to $5,000.
What is the current price range for Rental Homes in Owanka?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Owanka ranges from $800 to $5,000 with an average monthly rent of $2,394.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.