Harrison Apartments
1615 E Dakota Ave,
Pierre, SD 57501
2-3 Beds | $855 - $1,040
Rental Market Trends in Pierre, SD
Updated August 2026
The average rent in Pierre, SD is $882/month.
Rent in Pierre is 47% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$882/month
Average Rent
591 Sq Ft
Average Size
+3.4%
Change / Year
33
Available Apartments
Pierre rent varies by unit size and layout:
- Studio apartments in Pierre average $746 per month.
- One-bedroom apartments in Pierre average $882 per month.
- Two-bedroom apartments in Pierre average $1,018 per month.
- Three-bedroom apartments in Pierre average $1,052 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Pierre, SD?
In the past year, rent has increased by 3.4%, which averages out to $31 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Pierre, SD
August 2026
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
50%
Below $700/month
31%
$700 - $1,000/month
19%
$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 Pierre, SD?
Because the average rent in Pierre is $882, you’ll want to make about $2,940 per month or $35,280 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.
Cost of Living
The cost of living in Pierre, SD is 10.5% lower than the national average. Generally, housing in Pierre is 15.2% less expensive than the national average, with rent falling between $746 - $1,052. You can expect to pay 4.6% less for groceries, 17.8% less for utilities, and 7.1% less for transportation.
How does Pierre, SD compare to other nearby cities and neighborhoods?
Use the tool below to compare Pierre, 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 Pierre Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Pierre We Think You'll Love
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
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Pierre?
The average rent in Pierre is $882 per month, which is 47.0% lower than the national average of $1,663.
Are rents going up or down in Pierre?
Rents in Pierre, SD are increasing, with prices up 3.4% year-over-year and $31 more per month.
What rent range is most common in Pierre?
In Pierre, SD, 50% of apartments fall below $700/month, though prices may vary depending on location and other factors.
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.