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Rental Market Trends in Mitchell, SD

Updated September 2026

The average rent in Mitchell, SD is $798/month.

Rent in Mitchell is 52% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$798/month

Average Rent

624 Sq Ft

Average Size

+3%

Change / Year

92

Available Apartments

Mitchell rent varies by unit size and layout:

  • Studio apartments in Mitchell average $712 per month.
  • One-bedroom apartments in Mitchell average $798 per month.
  • Two-bedroom apartments in Mitchell average $963 per month.
  • Three-bedroom apartments in Mitchell average $1,344 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$712/month
468 Sq Ft
One Bedroom
$798/month
624 Sq Ft
Two Bedroom
$963/month
782 Sq Ft
Three Bedroom
$1,344/month
1,285 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,293/month
1,207 Sq Ft
View Mitchell Apartments

How much has average rent changed in Mitchell, SD?

In the past year, rent has increased by 3%, which averages out to $24 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Mitchell, SD

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Mitchell, SD
Percentage*
Rent Range
28% Below $700/month
44% $700 - $1,000/month
28% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Mitchell is $798, you’ll want to make about $2,660 per month or $31,920 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

Mitchell, SD

92 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Mitchell, 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 Mitchell Area Guide

Apartment Averages

Apartment Communities in Mitchell We Think You'll Love

Flats on Havens

Flats on Havens

1525 W Havens Ave,
Mitchell, SD 57301

Studio - 2 Beds | $900 - $1,485

Edgerton Place

Edgerton Place

1111 S Edgerton St,
Mitchell, SD 57301

Studio - 2 Beds | $920 - $1,260

Ashbrook Trail Apartments

Ashbrook Trail Apartments

2120 N Minnesota St,
Mitchell, SD 57301

1-2 Beds | $460 - $1,300

Copperleaf Townhomes

Copperleaf Townhomes

1605 E 1st Ave,
Mitchell, SD 57301

2 Beds | $1,325

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Frequently Asked Questions

What is the average rent in Mitchell?

The average rent in Mitchell is $798 per month, which is 52.0% lower than the national average of $1,664.

What is the average rent for a house in Mitchell?

The average rent for a house in Mitchell, SD is $1,293 per month.

Are rents going up or down in Mitchell?

Rents in Mitchell, SD are increasing, with prices up 3.0% year-over-year and $24 more per month.

What rent range is most common in Mitchell?

In Mitchell, SD, 44% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States South Dakota Mitchell 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 September 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