
Cheap Homes for Rent in Wallace, SD from $400 (8 Rentals)
Cheap Homes in Wallace.


511 Main Ave N

500 1st Ave S

262 2nd St SW
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.

411 4th Ave SE

309 W Washington Ave

241 E Ronning Ave

215-219 9th St SW
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.
Wallace, SD Local Guide

How much does it cost to rent a home in Wallace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Wallace 2 Bedroom Homes for Rent | $1,236 | $695 | $1,800 |
Wallace 3 Bedroom Homes for Rent | $3,014 | $1,400 | $10,000+ |
Wallace 4 Bedroom Homes for Rent | $2,065 | $950 | $2,995 |
Browse Top Homes for Rent in Wallace
Explore Wallace
Wallace, SD Local Guide
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Cheapest Available Wallace Apartments for Rent and Nearby
 The cheapest available apartment rental in Wallace, SD is a 1 Bed unit found at Beardsley Apartments priced from $519. Prairie Park Fairmount Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $545. Here is today’s list of the most affordable Wallace apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Beardsley Apartments | One Bedroom | 1BR,1BA | $519 |
Prairie Park Fairmount Apartments | 2 Beds, 1 bath | 2BR,1BA | $545 |
Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $795 |
Best Value Apartments for Rent in Wallace, SD and Nearby
As of May 09, 2025 the best value apartment in the Wallace area is the $1.03 price per square foot TH 4P/B - 1,640 Model at Wheatgrass Village I in the starting from $1,695. The second greatest value Wallace apartment is the 2BR/2.0BA Model at One & Two Willow Creek starting at $1,750 with a $1.34 price per square foot . Here is today’s list of the best values for Wallace apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Wheatgrass Village I | TH 4P/B - 1,640 | 4BR,2.5BA | $1.03 |
One & Two Willow Creek | 2BR/2.0BA | 2BR,2BA | $1.34 |
Oakes I & II Apartments | 3BR/1BA | 3BR,1BA | $0.83 |
Marketplace Apartments | F | 2BR,2BA | $1.36 |
Prairie Park Fairmount Apartments | 3 Beds, 1 bath | 3BR,1BA | $0.67 |
Beardsley Apartments | One Bedroom | 1BR,1BA | $0.58 |
Wilkeshire Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.04 |
Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.38 |
1009 Southland Ln | 1 Bed 1 Bath | 1BR,1BA | $1.44 |
103 N Lloyd St, Unit 6 | 103 N Lloyd St | 1BR,1BA | $0.47 |
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Frequently Asked Questions about Wallace
What type of rentals are currently available in Wallace?
There are currently 43 Apartments for Rent in Wallace, SD with pricing that ranges from $294 to $1,900. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wallace ranging from $275 to $10,000.
What is the current price range for Rental Homes in Wallace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wallace ranges from $275 to $10,000 with an average monthly rent of $1,729.
How much are larger Three and Four Bedroom Rentals in Wallace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wallace range from $650 to $1,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $10,000. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $1,695.
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.

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.

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.