Rentometer, Inc. | Data as of 10/23/2025
South Dakota’s rental market offers a blend of spacious homes and modern apartments, catering to a wide range of lifestyles across the state’s vibrant cities and scenic towns. From the lively downtown of Sioux Falls to the historic charm of Rapid City and the breathtaking backdrop of the Black Hills near Mount Rushmore, renters enjoy easy access to cultural attractions, outdoor recreation, and growing employment hubs. The state’s mix of urban amenities and wide‑open landscapes makes it an appealing destination for young professionals, families, and retirees seeking both convenience and natural beauty.
Apartment options in South Dakota span from studios to larger four‑plus bedroom units, with average rents typically falling in the $1300s to $1700s range. Studio apartments average in the $1400s with median rents near $900, while one‑bedroom units hover around the $1300s and two‑bedroom apartments often sit just above $1300, reflecting a comfortable median price point near $1200. Larger three‑ and four‑plus bedroom apartments command averages in the $1500s and $1700s, respectively. For those preferring single‑family living, houses also provide competitive rates: studio‑style homes average in the $1100s, one‑bedroom homes in the $1100s, and two‑bedroom homes in the $1400s. Larger homes, especially three‑ and four‑plus bedroom houses, see averages climbing into the $1800s and $2300s, offering ample space for growing families.
Prospective renters will find welcoming neighborhoods such as the historic Riverside district in Sioux Falls, the vibrant downtown area of Rapid City, and the family‑friendly communities of Brookings and Vermillion. With a balance of affordable pricing, diverse housing stock, and proximity to educational institutions, parks, and cultural sites, South Dakota remains a compelling choice for anyone looking to settle in the heart of the Midwest.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $3,261 | $890 | $665 - $55,000 | $825 - $1,276 |
| Apartment | 1 Bedroom | $1,106 | $1,072 | $590 - $2,100 | $925 - $1,275 |
| Apartment | 2 Bedroom | $1,352 | $1,272 | $550 - $3,090 | $1,125 - $1,525 |
| Apartment | 3 Bedroom | $1,500 | $1,475 | $814 - $3,950 | $1,230 - $1,715 |
| Apartment | 4+ Bedroom | $1,609 | $1,419 | $1,200 - $2,398 | $1,224 - $2,398 |
| House | 1 Bedroom | $1,278 | $1,095 | $950 - $1,750 | $995 - $1,600 |
| House | 2 Bedroom | $1,409 | $1,365 | $452 - $2,000 | $1,195 - $1,700 |
| House | 3 Bedroom | $1,824 | $1,797 | $995 - $3,000 | $1,549 - $2,100 |
| House | 4+ Bedroom | $2,276 | $2,250 | $1,400 - $4,800 | $1,850 - $2,500 |
In the current period, the average rent in South Dakota was $3,161 for Studio, $1,114 for 1 Bedroom, $1,364 for 2 Bedroom, $1,683 for 3 Bedroom, and $2,033 for 4+ Bedroom.
Data provided by Rentometer, Inc.