• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Box Elder, SD

What is the average rent in Box Elder, SD?

$1,248/month

Average Rent

691 Sq Ft

Average Apartment Size

-1.5%

Decrease in the Last Year

As of April 2026, the average rent in Box Elder, SD is $1,248 per month. This is 24% lower than the national average rent of $1,641/month, making renting in Box Elder more affordable than most cities in the US. When you rent an apartment in Box Elder, you can expect to pay about $964 per month for a studio, $1,248 for a one-bedroom apartment, and around $1,385 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,708 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$964/month
309 Sq Ft
One Bedroom
$1,248/month
691 Sq Ft
Two Bedroom
$1,385/month
1,031 Sq Ft
Three Bedroom
$1,708/month
1,272 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,628/month
932 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

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

In the past year, rent has decreased by 1.5%, which averages out to $18 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Box Elder, SD
Last Updated April 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 $1,248, you’ll want to make about $4,160 per month or $49,920 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

62 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.

Explore the Area Guide for Box Elder, SD

Apartment Averages

Apartment communities in Box Elder we think you'll love

10Bedrock Apartments

10Bedrock Apartments

545 Northern Lights Blvd,
Box Elder, SD 57719

$1,225 - $1,545

Studio - 2 Beds

The Union

The Union

388 Berky Dr,
Box Elder, SD 57719

$955 - $2,675

Studio - 3 Beds

Fox Run Apartments

Fox Run Apartments

571 225th St,
Box Elder, SD 57719

$1,150

1 Bed

Vistas at Cheyenne Pass

Vistas at Cheyenne Pass

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

$995 - $1,400

Studio - 2 Beds

Learn More with Helpful Articles

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

When Is the Best Time to Move?

The pros and cons of moving during each season.

5 Tips For Moving into Your First Apartment

Move in stress-free - the first time's a charm!

Moving Out of State: How to Start Your Apartment Search in a New State

Go the distance and find your new home.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
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 February 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.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Newest Listings
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity