Homes For Rent in Mitchell, SD

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What to Know About

Life in Mitchell & Beyond

Mitchell 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

Mitchell, SD

As of March 2025, Mitchell's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Mitchell's average rent is 27.0% ($318) lower than the South Dakota average of $1,177 and 52.0% ($929) lower than the U.S. average of $1,788.

Average Rent
$859
Monthly ChangeMonth Over Month Change
No change
Yearly ChangeYear Over Year Change
Decreased11.6% ($113)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $819 Decreased0.4% ($3) Decreased7.8% ($69)
2 Beds $977 Decreased1% ($10) Decreased1.7% ($17)
3 Beds $1,186 Decreased1.8% ($22) Increased2.1% ($24)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Mitchell Rental Market FAQs

Explore rental prices, market trends, and availability in Mitchell, SD.

The average rent in Mitchell, SD is $859 per month.
Homes in Mitchell typically rent for between $600 and $1,542 per month, with an average of $859 per month.
In Mitchell, the average rent for a 1-bedroom home is $819 per month, for a 2-bedroom home, $977 per month, and a 3-bedroom home is $1,186 per month.
The average rent in Mitchell is 52% ($929) lower than the national average of $1,788 per month.
The average rent in Mitchell has remained stable in the last month and decreased by 11.6% ($113) over the past year.
The rental market in Mitchell, SD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Mitchell, SD, the average rental stays on the market for approximately 36 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 25 rental properties available in Mitchell, SD.
Based on the current averages, a household would need an annual income of $39,080 to comfortably afford a 2-bedroom home in Mitchell.
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