Renter Resources
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.
•10 min read
Viewing 1 of 1 rentals in Spearfish
What to Know About
Life in Spearfish & Beyond
Spearfish 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
Spearfish, SD
As of August 2025, Spearfish's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Spearfish's average rent is 25.3% ($295) higher than the South Dakota average of $1,168 and 18.3% ($327) lower than the U.S. average of $1,790.
Average Rent
$1,463
Monthly ChangeMonth Over Month Change
13.5% ($228)
Yearly ChangeYear Over Year Change
10.7% ($141)
Avg. Days on MarketAverage Days on Market
32
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,069 | 21.4% ($291) | 4.6% ($52) |
| 2 Beds | $1,315 | 20.4% ($336) | 2.3% ($31) |
| 3 Beds | $1,560 | 20.2% ($394) | 5.3% ($87) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Spearfish Rental Market FAQs
Explore rental prices, market trends, and availability in Spearfish, SD.
The average rent in Spearfish, SD is $1,463 per month.
Houses in Spearfish typically rent for between $748 and $2,028 per month, with an average of $1,463 per month.
In Spearfish, the average rent for a 1-bedroom house is $1,069 per month, for a 2-bedroom house, $1,315 per month, and a 3-bedroom house is $1,560 per month.
The average rent in Spearfish is 18.3% ($327) lower than the national average of $1,790 per month.
The average rent in Spearfish has decreased by 13.5% ($228) in the last month and increased by 10.7% ($141) over the past year.
The rental market in Spearfish, SD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Spearfish, SD, 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.
There are currently 3 rental properties available in Spearfish, SD.
Based on the current averages, a household would need an annual income of $52,600 to comfortably afford a 2-bedroom house in Spearfish.
