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Houses for Rent in Vermillion, SD

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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

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As of November 2026, Vermillion's rental market is stable, with rentals spending about 32 days on the market, about the same as in South Dakota (32), and rents down 3.7% over the past year. Vermillion's average rent is 24.4% ($298) lower than the South Dakota average of $1,219 and 54.8% ($1,115) lower than the U.S. average of $2,036.

Average Rent
$921
Monthly ChangeMonth Over Month Change
Decreased0.18% ($2)
Yearly ChangeYear Over Year Change
Decreased3.7% ($36)
Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $862 Flat Decreased0.6% ($5)
2 Beds $944 Decreased0.40% ($4) Decreased4.0% ($39)
3 Beds $1,247 Decreased0.35% ($4) Decreased3.7% ($48)
Nearby Cities Average Rent Avg. Rent vs. VermillionAverage Rent vs. Vermillion Days on Market
Burbank $1,300 Increased41.2% ($379) 32 days
Centerville $1,182 Increased28.3% ($261) 49 days
Beresford $1,301 Increased41.3% ($380) 20 days
Based on rentals advertised on RentalSource in and around Vermillion.
Frequently Asked Questions
Vermillion Rental Market FAQs

Explore rental prices, market conditions, and affordability in Vermillion, SD.

The average rent in Vermillion, SD is about $921 per month.
In Vermillion, the average rent is about $862 per month for a 1-bedroom house, about $944 for a 2-bedroom house and about $1,247 for a 3-bedroom house.
The average rent in Vermillion is 54.8% ($1,115) lower than the national average of $2,036 per month.
The rental market in Vermillion, SD is currently stable, with rentals spending about 32 days on the market, about the same as in South Dakota (32), and rents down 3.7% over the past year.
Based on the current averages, a household would need an annual income of about $37,800 to comfortably afford a 2-bedroom house in Vermillion.
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