Apartments for Rent in Box Elder, SD

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What to Know About

Life in Box Elder & Beyond

Box Elder shares many of the great qualities that make South Dakota a desirable place to live.

South Dakota combines natural wonders, rich history, and irresistible charm. Dive into the state's fascinating heritage through its cultural landmarks and historical sites, such as the captivating South Dakota Cultural Heritage Center and the legendary Museum of the American Bison, or opt to further your education at world-renowned institutions such as South Dakota State University and the University of South Dakota. South Dakota's economy thrives on agriculture, tourism, and manufacturing.

Sports lovers will be in paradise with various seasonal activities such as skiing, snowboarding, and snowmobiling in the winter and golfing, camping, fishing, and hiking in the summer. Also, discover iconic attractions like the world-famous Mount Rushmore National Memorial, the awe-inspiring Dinosaur Park, the rugged Badlands National Park, the enchanting Black Hills National Forest, and the historic city of Deadwood.

With its stunning natural beauty and robust economy, South Dakota is the ideal destination for those who seek outdoor recreation and an unparalleled western experience. So get ready to be enchanted by South Dakota's irresistible charm, pristine landscapes, and unbeatable quality of life. South Dakota is an excellent place for those who want to live their best lives.

Rental Market Trends

Box Elder, SD

As of July 2025, Box Elder's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Box Elder's average rent is 13.3% ($153) higher than the South Dakota average of $1,147 and 26.8% ($475) lower than the U.S. average of $1,775.

Average Rent
$1,300
Monthly ChangeMonth Over Month Change
Decreased0.5% ($6)
Yearly ChangeYear Over Year Change
Decreased15.6% ($240)
Avg. Days on MarketAverage Days on Market
33
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,282 Increased0.6% ($8) Decreased0.9% ($11)
2 Beds $1,572 Increased0.4% ($6) Increased9.1% ($131)
3 Beds $1,984 Increased2.2% ($42) Increased8.2% ($150)
Nearby Cities Average Rent Avg. Rent vs. Box ElderAverage Rent vs. Box Elder Avg. Days on MarketAverage Days on Market
Rapid City $1,175 Decreased9.6% ($125) 29 days
Black Hawk $1,456 Increased12% ($156) 37 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Box Elder Rental Market FAQs

Explore rental prices, market trends, and availability in Box Elder, SD.

The average rent in Box Elder, SD is $1,300 per month.
Apartments in Box Elder typically rent for between $897 and $2,579 per month, with an average of $1,300 per month.
In Box Elder, the average rent for a 1-bedroom apartment is $1,282 per month, for a 2-bedroom apartment, $1,572 per month, and a 3-bedroom apartment is $1,984 per month.
The average rent in Box Elder is 26.8% ($475) lower than the national average of $1,775 per month.
The average rent in Box Elder has decreased by 0.5% ($6) in the last month and decreased by 15.6% ($240) over the past year.
The rental market in Box Elder, SD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Box Elder, SD, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 22 rental properties available in Box Elder, SD.
Based on the current averages, a household would need an annual income of $62,880 to comfortably afford a 2-bedroom apartment in Box Elder.
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