Homes for Rent in 57069

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What to Know About

Life in Vermillion & Beyond

Vermillion 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

Vermillion, SD

As of March 2026, Vermillion's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Vermillion's average rent is 41.8% ($498) lower than the South Dakota average of $1,190 and 60.9% ($1,077) lower than the U.S. average of $1,769.

Average Rent
$692
Monthly ChangeMonth Over Month Change
Increased1.6% ($11)
Yearly ChangeYear Over Year Change
Increased6.3% ($41)
Avg. Days on MarketAverage Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $639 Increased28.3% ($141) Increased13.9% ($78)
2 Beds $783 Increased28.4% ($173) Increased16.9% ($113)
3 Beds $911 Increased28.5% ($202) Increased12.1% ($98)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Vermillion Rental Market FAQs

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

The average rent in Vermillion, SD is $692 per month.
Homes in Vermillion typically rent for between $600 and $1,184 per month, with an average of $692 per month.
In Vermillion, the average rent for a 1-bedroom home is $639 per month, for a 2-bedroom home, $783 per month, and a 3-bedroom home is $911 per month.
The average rent in Vermillion is 60.9% ($1,077) lower than the national average of $1,769 per month.
The average rent in Vermillion has increased by 1.6% ($11) in the last month and increased by 6.3% ($41) over the past year.
The rental market in Vermillion, SD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Vermillion, SD, the average rental stays on the market for approximately 31 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 24 rental properties available in Vermillion, SD.
Based on the current averages, a household would need an annual income of $31,320 to comfortably afford a 2-bedroom home in Vermillion.
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