Apartments For Rent in Lake Preston, SD

3 rentals

Apartments For Rent Near Lake Preston, SD

We found 28 more apartments matching your filters just outside Lake Preston

What Locals Say about Lake Preston

  • Terri Conrad
    "The school here is awesome. They have a low teacher to student ratio so that kids can get all the help they need. we will have a new superintendent of school/high school principle this year. "
  • Justterrilynn
    "friendly great people live here. Family has moved here from out of state too. great place to raise your Family "

Average Rent Trends in Lake Preston, SD

Rent in Lake Preston, SD varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Nov 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Dec 2025$895
Jan 2026$895
Feb 2026$895
Mar 2026$895
Apr 2026$895
May 2026$895
Jun 2026$895
Jul 2026$895
Aug 2026$895
Sep 2026$895
Oct 2026$1,048
Nov 2026$1,048
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types—$800$1,200—$1,048
Townhomes——$1,400—$1,400
Apartments and Condos—$800——$800

Browse Lake Preston, SD homes by type