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Rental Market Trends in Box Elder, SD

Updated July 2026

The average rent in Box Elder, SD is $1,262/month.

Rent in Box Elder is 24% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,262/month

Average Rent

691 Sq Ft

Average Size

+0%

Change / Year

79

Available Apartments

Box Elder rent varies by unit size and layout:

  • Studio apartments in Box Elder average $992 per month.
  • One-bedroom apartments in Box Elder average $1,262 per month.
  • Two-bedroom apartments in Box Elder average $1,444 per month.
  • Three-bedroom apartments in Box Elder average $1,750 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$992/month
309 Sq Ft
One Bedroom
$1,262/month
691 Sq Ft
Two Bedroom
$1,444/month
1,031 Sq Ft
Three Bedroom
$1,750/month
1,272 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,921/month
1,164 Sq Ft
Four Bedroom
$2,472/month
2,146 Sq Ft
View Box Elder Apartments

How much has average rent changed in Box Elder, SD?

Rents have remained stable over the past year, with little overall movement.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Box Elder, SD

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Box Elder, SD
Percentage*
Rent Range
12% Below $700/month
0% $700 - $1,000/month
75% $1,001 - $1,500/month
12% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Box Elder, SD?

Because the average rent in Box Elder is $1,262, you’ll want to make about $4,206 per month or $50,472 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Box Elder, SD

79 Available Apartments for Rent

Search for Nearby Apartments

How does Box Elder, SD compare to other nearby cities and neighborhoods?

Use the tool below to compare Box Elder, SD to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Box Elder Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Rapid City

    Rapid City

Apartment Communities in Box Elder We Think You'll Love

10Bedrock Apartments

10Bedrock Apartments

545 Northern Lights Blvd,
Box Elder, SD 57719

1-3 Beds | $1,295 - $1,975

The Union

The Union

388 Berky Dr,
Box Elder, SD 57719

Studio - 3 Beds | $1,015 - $2,667

Fox Run Apartments

Fox Run Apartments

571 225th St,
Box Elder, SD 57719

1 Bed | $1,150

Vistas at Cheyenne Pass

Vistas at Cheyenne Pass

331 A-331 B Cheyenne Blvd,
Box Elder, SD 57719

Studio - 2 Beds | $995 - $1,400

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Frequently Asked Questions

What is the average rent in Box Elder?

The average rent in Box Elder is $1,262 per month, which is 24.1% lower than the national average of $1,663.

What is the average rent for a house in Box Elder?

The average rent for a house in Box Elder, SD is $1,921 per month.

Are rents going up or down in Box Elder?

Rents in Box Elder, SD are relatively stable, with minimal month-over-month change.

What rent range is most common in Box Elder?

In Box Elder, SD, 75% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States South Dakota Box Elder Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity