Homes for Rent in Pierre, SD

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What to Know About

Life in Pierre & Beyond

Pierre 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

Pierre, SD

As of August 2025, Pierre's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Pierre's average rent is 14.5% ($169) higher than the South Dakota average of $1,168 and 25.3% ($453) lower than the U.S. average of $1,790.

Average Rent
$1,337
Monthly ChangeMonth Over Month Change
Decreased1.7% ($23)
Yearly ChangeYear Over Year Change
Increased42.1% ($396)
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,270 Decreased0.2% ($2) Increased84.3% ($581)
2 Beds $1,399 Decreased0.1% ($2) Increased69% ($571)
3 Beds $1,747 Decreased1.2% ($21) Increased72.5% ($734)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Pierre Rental Market FAQs

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

The average rent in Pierre, SD is $1,337 per month.
Homes in Pierre typically rent for between $889 and $2,271 per month, with an average of $1,337 per month.
In Pierre, the average rent for a 1-bedroom home is $1,270 per month, for a 2-bedroom home, $1,399 per month, and a 3-bedroom home is $1,747 per month.
The average rent in Pierre is 25.3% ($453) lower than the national average of $1,790 per month.
The average rent in Pierre has decreased by 1.7% ($23) in the last month and increased by 42.1% ($396) over the past year.
The rental market in Pierre, SD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Pierre, SD, the average rental stays on the market for approximately 34 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 6 rental properties available in Pierre, SD.
Based on the current averages, a household would need an annual income of $55,960 to comfortably afford a 2-bedroom home in Pierre.
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