Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Tea & Beyond
Tea 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
Tea, SD
As of June 2026, Tea's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Tea's average rent is 5.6% ($62) higher than the South Dakota average of $1,108 and 34.9% ($627) lower than the U.S. average of $1,797.
Average Rent
$1,170
Monthly ChangeMonth Over Month Change
1.3% ($15)
Yearly ChangeYear Over Year Change
12.7% ($170)
Avg. Days on MarketAverage Days on Market
44
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $945 | 0.7% ($7) | 9.2% ($96) |
| 2 Beds | $1,082 | 2.9% ($32) | 20.9% ($286) |
| 3 Beds | $1,445 | 2.3% ($34) | 13.7% ($230) |
| Nearby Cities | Average Rent | Avg. Rent vs. TeaAverage Rent vs. Tea | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Harrisburg | $1,219 | 4.2% ($49) | 43 days |
| Sioux Falls | $1,168 | 0.2% ($2) | 38 days |
| Hartford | $1,191 | 1.8% ($21) | 35 days |
| Crooks | $1,064 | 9.1% ($106) | 35 days |
| Brandon | $986 | 15.7% ($184) | 39 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Tea Rental Market FAQs
Explore rental prices, market trends, and availability in Tea, SD.
The average rent in Tea, SD is $1,170 per month.
Homes in Tea typically rent for between $662 and $1,879 per month, with an average of $1,170 per month.
In Tea, the average rent for a 1-bedroom home is $945 per month, for a 2-bedroom home, $1,082 per month, and a 3-bedroom home is $1,445 per month.
The average rent in Tea is 34.9% ($627) lower than the national average of $1,797 per month.
The average rent in Tea has increased by 1.3% ($15) in the last month and decreased by 12.7% ($170) over the past year.
The rental market in Tea, SD, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Tea, SD, the average rental stays on the market for approximately 44 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 23 rental properties available in Tea, SD.
Based on the current averages, a household would need an annual income of $43,280 to comfortably afford a 2-bedroom home in Tea.
