Rentometer, Inc. | Data as of 10/22/2025
Located along the Missouri River, Pierre offers a welcoming blend of small‑city charm and convenient amenities, making it an attractive destination for renters seeking a relaxed lifestyle in South Dakota’s capital. The city’s compact layout ensures easy access to government offices, historic sites such as the State Capitol and the Governor’s Residence, and vibrant local attractions like the Cathedral of the Immaculate Conception and the nearby Oahe Dam. With a strong sense of community and a variety of outdoor recreation options—from riverfront trails to nearby wildlife areas—Pierre provides a balanced setting for professionals, families, and students alike.
The rental market in Pierre is dominated by apartment living, reflecting the city's modern housing preferences. One‑bedroom apartments typically fall within the $1200s range, while two‑bedroom units are commonly found in the $1500 range, offering competitive options for those budgeting for comfort and convenience. These apartments often feature contemporary finishes, in‑unit laundry, and access to community amenities such as fitness centers, pet-friendly policies, and covered parking. Proximity to downtown’s dining scene, boutique shops, and cultural venues enhances the appeal of apartment living, allowing residents to enjoy a vibrant urban experience without a long commute.
Beyond the apartments, Pierre’s surrounding neighborhoods provide a mix of historic homes and newer developments, catering to a wide spectrum of renter preferences. The city’s stable economy, anchored by state government and a growing healthcare sector, supports a reliable rental demand, while the friendly atmosphere and well‑maintained public spaces contribute to a high quality of life. Whether you’re looking for a cozy studio near the riverfront or a spacious two‑bedroom apartment close to downtown amenities, Pierre’s rental market offers diverse opportunities in a welcoming South Dakota setting.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,248 | $1,389 | $644 - $1,485 | $1,179 - $1,435 |
| Apartment | 2 Bedroom | $1,487 | $1,619 | $830 - $1,782 | $1,350 - $1,732 |
In the current period, the average rent in Pierre was
$1,249 for 1 Bedroom, and
$1,488 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.