Houses for Rent in South Dakota

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What to Know About

Living in South Dakota

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

South Dakota

As of February 2026, South Dakota's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. South Dakota's average rent is 30.7% ($539) lower than the U.S. average of $1,753.

Average Rent
$1,214
Monthly ChangeMonth Over Month Change
Increased3.1% ($36)
Yearly ChangeYear Over Year Change
Increased4.1% ($48)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,141 Increased19.2% ($184) Increased13.1% ($132)
2 Beds $1,399 Increased19.3% ($226) Increased15.4% ($187)
3 Beds $1,626 Increased19.2% ($262) Increased9.6% ($143)
Top Markets in South Dakota Average Rent Avg. Rent vs. SDAverage Rent vs. South Dakota Avg. Days on MarketAverage Days on Market
Sioux Falls $1,224 Increased0.8% ($10) 38 days
Rapid City $1,191 Decreased1.9% ($23) 29 days
Mitchell $963 Decreased20.7% ($251) 36 days
Tea $1,455 Increased19.9% ($241) 44 days
Vermillion $681 Decreased43.9% ($533) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
South Dakota Rental Market FAQs

Explore rental prices, market trends, and availability in South Dakota.

The average rent in South Dakota is $1,214 per month.
Houses in South Dakota typically rent for between $799 and $2,114 per month, with an average of $1,214 per month.
In South Dakota, the average rent for a 1-bedroom house is $1,141 per month, for a 2-bedroom house, $1,399 per month, and a 3-bedroom house is $1,626 per month.
The average rent in South Dakota is 30.7% ($539) lower than the national average of $1,753 per month.
The average rent in South Dakota has increased by 3.1% ($36) in the last month and increased by 4.1% ($48) over the past year.
The rental market in South Dakota, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In South Dakota, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
Based on the current averages, a household would need an annual income of $55,960 to comfortably afford a 2-bedroom house in South Dakota.
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