Cheap Apartments for Rent in Parker, SD from $500 (9 Rentals)

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

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Forty One Flats
1 to 4 Bedroom Apartments

Forty One Flats

8701 W 41st StSioux Falls, SD 57106
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5401 W 56th St
2 Bedroom Apartments

5401 W 56th St

5401 W 56th StSioux Falls, SD 57106
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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.

Parker, SD Local Guide

Cheapest Available Parker Apartments for Rent and Nearby

 

The cheapest available apartment rental in Parker, SD is a 1 Bed unit found at Roosevelt Estates of Sioux Falls priced from $795. Pheasant View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Parker apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Roosevelt Estates of Sioux Falls1 Bedroom1BR,1BA$795
Pheasant View Apartments1 BEDROOM1BR,1BA$825
Prairie Winds Apartments1 Bedroom 1 Bathroom1BR,1BA$855

Best Value Apartments for Rent in Parker, SD and Nearby

As of April 19, 2025 the best value apartment in the Parker area is the $1.21 price per square foot 3 Bedroom, 2 Bathroom Model at Lobelia & Bison Trail Townhomes in the starting from $1,645. The second greatest value Parker apartment is the Upper Apartment Model at Fifth Street Apartments & Townhouses starting at $1,450 with a $1.20 price per square foot . Here is today’s list of the best values for Parker apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lobelia & Bison Trail Townhomes3 Bedroom, 2 Bathroom3BR,2BA$1.21
Fifth Street Apartments & TownhousesUpper Apartment3BR,2BA$1.20
Sage Meadow Apartments & Townhomes2 Bedroom 2 Bathroom Apartment2BR,2BA$1.18
Boulder Pointe Townhomes2 bedroom/2 bath2BR,2BA$1.14
Saddle Creek Townhomes2bd2ba2BR,2BA$1.11
Boulder Creek Townhomes2bd2ba2BR,2BA$1.05
West Briar Estates2 Bedroom 1 Bath2BR,1BA$1.01
Park Place Condominiums2 BEDROOM A2BR,1BA$1.22
Pheasant View Apartments1 BEDROOM1BR,1BA$0.98
Prairie Winds Apartments1 Bedroom 1 Bathroom1BR,1BA$1.03

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

Explore Parker, SD Rentals by Map

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Getting Around Parker, SD

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Parker Apartments

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

The lowest price for a Cheap One Bedroom Parker Apartment is $795 at Roosevelt Estates of Sioux Falls.

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

Today's best deal for a Cheap Two Bedroom Apartment in Parker is starting from $975 at Maple Pass Apartments & Townhomes.

What is the most affordable Parker Three Bedroom Apartment?

The best deal on a cheap Parker Three Bedroom Apartment rental is at Pheasant View Apartments and starts from $949.

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 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.

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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.