Lake Preston SD Apartments

2 rentals

Apartments For Rent Near Lake Preston, SD

We found 5 more apartments matching your filters just outside Lake Preston

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 decreased in May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
MonthAverage rent
Nov 2025$895
Dec 2025$858
Jan 2026$858
Feb 2026$858
Mar 2026$858
Apr 2026$858
May 2026$848
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types—$820$1,400—$895
Townhomes——$1,400—$1,400
Apartments and Condos—$800——$800
Houses—$1,000——$1,000

Frequently Asked Questions about Apartments and Condos for rent in Lake Preston, SD

  • What is the average rent of an apartment in Lake Preston, SD?
    The average rent of an apartment in Lake Preston, SD is $848 per month. This is about 56% lower than the national average.
  • When is the average rent cheapest in Lake Preston, SD?
    In the last year, the average rent in Lake Preston, SD was lowest in Dec 2025 when it was $858 per month.
  • When is the average rent most expensive in Lake Preston, SD?
    In the last year, the average rent in Lake Preston, SD was highest in Nov 2025 when it was $895 per month.
  • How many apartments or condos are available to rent in Lake Preston, SD?
    There are 3 available apartments or condos to rent in Lake Preston, SD.
  • What are some zip codes in Lake Preston, SD?
    Lake Preston, SD includes zip codes such as: 57249.
  • What are some cities near Lake Preston, SD?
    Some nearby cities include: Hetland, Erwin, De Smet, Oldham, Arlington. These cities may have more rental options to explore.