Cheap Apartments for Rent in Philip, SD from $600 (16 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 Philip.

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.

Philip, SD Local Guide

Cheapest Available Philip Apartments for Rent and Nearby

 

The cheapest available apartment rental in Philip, SD is a 1 Bed unit found at Riverview Apartments priced from $644. Tower Heights has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Philip apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview Apartments1 Bed 1 Bath Apartment1BR,1BA$644
Tower HeightsStudioStudio,1BA$825
Bridgewood EstatesOpen living space + spacious master1BR,1BA$870
Enchanted PinesStudioStudio,1BA$900
Prairie Vista Apartments1702 Abbey Road - 1222BR,2BA$945

Best Value Apartments for Rent in Philip, SD and Nearby

As of April 20, 2025 the best value apartment in the Philip area is the $1.24 price per square foot Black Hills Heights 4 Bedroom Model at Antelope Ridge in the starting from $2,178. The second greatest value Philip apartment is the 2 Beds, 2 baths Model at 440 N Creek Dr starting at $995 with a $0.66 price per square foot . Here is today’s list of the best values for Philip apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Antelope RidgeBlack Hills Heights 4 Bedroom4BR,2.5BA$1.24
440 N Creek Dr2 Beds, 2 baths2BR,2BA$0.66
Homestead Garden ApartmentsC13BR,2BA$1.39
Stonegate Community3 Beds, 2 baths3BR,2BA$1.27
Johnson Ranch Apartments2 Bedroom 2 Bath2BR,2BA$1.27
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$1.08
Prairie Vista Apartments1702 Abbey Road - 1222BR,2BA$1.01
Mountain View Village1/11BR,1BA$1.40
Bridgewood EstatesOpen living space + spacious master1BR,1BA$1.18
Riverview Apartments1 Bed 1 Bath Apartment1BR,1BA$1.34

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 Philip, SD Rentals by Map

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

Getting Around Philip, SD

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Philip Apartments

What is the Cheapest Studio apartment in Philip?

Currently the most affordable Cheap Studio Apartment in Philip is at Tower Heights listed at $825.

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

The lowest price for a Cheap One Bedroom Philip Apartment is $644 at Riverview Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Philip is starting from $945 at Prairie Vista Apartments.

What is the most affordable Philip Three Bedroom Apartment?

The best deal on a cheap Philip Three Bedroom Apartment rental is at Bridgewood Estates and starts from $1,205.

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.