Vermillion, SD Micro Area Rent Report
Apartments & Houses by Size

Rentometer, Inc. | Data as of 10/23/2025

Vermillion’s rental market offers a blend of historic charm and modern convenience, making it an appealing destination for students, professionals, and families alike. The city’s compact metro area is anchored by the University of South Dakota, which fuels a vibrant downtown scene filled with cafes, boutique shops, and cultural venues such as the Nodak Art Gallery. Residents enjoy easy access to the Missouri River’s recreation trails and the scenic beauty of the nearby bluffs, adding outdoor appeal to the urban lifestyle.

Rental options in Vermillion range from well‑maintained single‑family homes to contemporary apartment communities scattered across neighborhoods like Downtown, the Riverfront District, and the quiet West Campus area. One‑bedroom apartments typically fall in the $700s, providing affordable yet comfortable living spaces for students and young professionals. Two‑bedroom units are commonly priced around the $900 range, offering a balanced mix of space and cost for small families or roommates seeking a bit more room.

The city’s housing stock reflects a commitment to quality and variety, with many properties featuring modern amenities such as in‑unit laundry, on‑site fitness centers, and pet‑friendly policies. Proximity to public transportation, grocery stores, and medical facilities further enhances the convenience of renting in Vermillion. Whether you’re drawn by the lively campus atmosphere, the tranquil river walks, or the close‑knit community vibe, Vermillion’s rental landscape delivers a welcoming environment for a diverse range of renters.

Partial Data Available: We have sufficient data for 2 Bedroom, 1 Bedroom listings. Other bedroom types need more data for reliable statistics.

Vermillion, SD Rent by Property Type & Bedroom Count

Property Type Bedrooms Average Median Min - Max 25th - 75th
Apartment 1 Bedroom $733 $730 $650 - $825 $700 - $825
Apartment 2 Bedroom $919 $900 $800 - $1,081 $895 - $920

In the current period, the average rent in Vermillion, SD was $734 for 1 Bedroom, and $919 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.

Vermillion, SD

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Data provided by Rentometer, Inc.