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Don't Sign the Lease Until You Understand These Clauses
One word in your lease can cost you hundreds or save you from a nightmare. Here's how to turn legalese into clear decisions before you sign.
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What to Know About
Life in Pennington County & Beyond
Pennington County 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
Pennington County, SD
As of August 2025, Pennington County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Pennington County's average rent is 2.4% ($28) higher than the South Dakota average of $1,168 and 33.2% ($594) lower than the U.S. average of $1,790.
Average Rent
$1,196
Monthly ChangeMonth Over Month Change
0.3% ($4)
Yearly ChangeYear Over Year Change
3.8% ($44)
Avg. Days on MarketAverage Days on Market
29
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,128 | 13.8% ($137) | 16.9% ($163) |
| 2 Beds | $1,369 | 12.6% ($153) | 18.1% ($210) |
| 3 Beds | $1,710 | 11.4% ($175) | 20.6% ($292) |
| Cities within Pennington County | Average Rent | Avg. Rent vs. PenningtonAverage Rent vs. Pennington County | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Rapid City | $1,160 | 3% ($36) | 29 days |
| Box Elder | $1,420 | 18.7% ($224) | 33 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Pennington County Rental Market FAQs
Explore rental prices, market trends, and availability in Pennington County, SD.
The average rent in Pennington County, SD is $1,196 per month.
Houses in Pennington County typically rent for between $790 and $2,223 per month, with an average of $1,196 per month.
In Pennington County, the average rent for a 1-bedroom house is $1,128 per month, for a 2-bedroom house, $1,369 per month, and a 3-bedroom house is $1,710 per month.
The average rent in Pennington County is 33.2% ($594) lower than the national average of $1,790 per month.
The average rent in Pennington County has decreased by 0.3% ($4) in the last month and increased by 3.8% ($44) over the past year.
The rental market in Pennington County, SD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Pennington County, SD, the average rental stays on the market for approximately 29 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 81 rental properties available in Pennington County, SD.
Based on the current averages, a household would need an annual income of $54,760 to comfortably afford a 2-bedroom house in Pennington County.
