Monroe 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.
As of November 2026, Monroe's rental market is tenant-friendly, with rentals spending about 49 days on the market, slower than in South Dakota (32), and rents down 3.6% over the past year. Monroe's average rent is 44.7% ($545) lower than the South Dakota average of $1,219 and 66.9% ($1,362) lower than the U.S. average of $2,036.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $519 | 0.26% ($1) | 2.0% ($10) |
| 2 Beds | $597 | 0.34% ($2) | 5.0% ($31) |
| 3 Beds | $651 | 0.59% ($4) | 3.2% ($21) |
| Nearby Cities | Average Rent | Avg. Rent vs. MonroeAverage Rent vs. Monroe | Days on Market |
|---|---|---|---|
| Bridgewater | $905 | 34.3% ($231) | 49 days |
| Hartford | $1,180 | 75.1% ($506) | 48 days |
| Tea | $1,358 | 101.5% ($684) | 51 days |
| Lennox | $1,448 | 114.8% ($774) | 49 days |
| Crooks | $1,054 | 56.4% ($380) | 49 days |
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