Cheap Apartments for Rent in Elk Point, SD

1 rentals

  • 302 S  Pearl St, Elk Point, SD 57025
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    PET FRIENDLY
    $1,500/mo
    2 Beds
    1 Bath
    1,518 sqft
    302 S Pearl St,
    Elk Point, SD 57025
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    Elk Point
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Apartments For Rent Near Elk Point, SD

We found 30 more apartments matching your filters just outside Elk Point

Average Rent Trends in Elk Point, SD

Rent in Elk Point, SD varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Nov 2026.
MonthAverage rent
Apr 2025$650
Aug 2025$700
Sep 2025$650
Oct 2026$650
Nov 2026$1,150
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Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,150——$1,150
Apartments and Condos—$1,150——$1,150
Houses—$1,500——$1,500

Frequently Asked Questions about Rentals in Elk Point, SD

  • What is the average rent of an apartment in Elk Point, SD?
    The average rent of an apartment in Elk Point, SD is $1,150 per month. This is about 40% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Elk Point, SD?
    Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $650 per month.
  • When is the average rent most expensive in Elk Point, SD?
    In the last year, the average rent in Elk Point, SD was highest in Aug 2025 when it was $700 per month.
  • What are some neighborhoods in Elk Point, SD?
    Some neighborhoods in Elk Point, SD include: Richland.
  • What are some cities near Elk Point, SD?
    Some nearby cities include: Westfield, Burbank, Newcastle, Ponca, Jefferson. These cities may have more rental options to explore.