Rentometer, Inc. | Data as of 10/22/2025
Mitchell’s metro rental market offers a diverse mix of apartments and single‑family homes, catering to students, young professionals, and growing families alike. Apartment options range from efficient studios to spacious three‑bedroom layouts, with typical rents hovering in the $950‑$1,300 bracket. Larger units, especially three‑bedroom apartments, approach the $1,200‑$1,300 range, reflecting both modern amenities and convenient access to downtown amenities. For those seeking the privacy of a house, two‑bedroom homes start around the $1,100 level, while three‑ and four‑plus‑bedroom residences comfortably sit in the $1,300‑$1,500 segment, offering ample space for families and pet owners.
The city’s neighborhoods each bring unique character to the rental landscape. The historic downtown district features walkable streets lined with boutique shops, cafes, and the iconic Mitchell Prehistoric Indian Village, making it a popular choice for renters who value a vibrant urban lifestyle. Suburban clusters around Lake Mitchell provide tranquil settings with easy access to outdoor recreation, appealing to those who enjoy fishing, boating, or weekend trail hikes. Across the city, new developments near the River Park area introduce contemporary apartment communities that blend modern design with green spaces.
Overall, Mitchell’s rental market balances affordability with quality, supporting a range of lifestyle preferences. Prospective renters can expect well‑maintained properties, responsive landlords, and a community atmosphere that blends Midwestern charm with growing cultural attractions. Whether you’re looking for a studio close to the historic square or a spacious house near the lake, Mitchell’s diverse housing options make it an inviting place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $964 | $964 | $874 - $1,055 | $900 - $1,055 |
| Apartment | 1 Bedroom | $953 | $1,005 | $647 - $1,192 | $925 - $1,077 |
| Apartment | 2 Bedroom | $1,016 | $1,019 | $700 - $1,358 | $775 - $1,205 |
| Apartment | 3 Bedroom | $1,096 | $1,160 | $814 - $1,250 | $1,100 - $1,250 |
| House | 2 Bedroom | $1,087 | $1,100 | $900 - $1,250 | $1,000 - $1,250 |
| House | 3 Bedroom | $1,293 | $1,250 | $1,000 - $1,800 | $1,200 - $1,450 |
| House | 4+ Bedroom | $1,500 | $1,450 | $1,350 - $1,800 | $1,400 - $1,500 |
In the current period, the average rent in Mitchell, SD was $965 for Studio, $954 for 1 Bedroom, $1,028 for 2 Bedroom, $1,228 for 3 Bedroom, and $1,525 for 4+ Bedroom.
Data provided by Rentometer, Inc.