Rental Market Trends in South Dakota
$982/month
Average Rent
-0.4%
Decrease in the Last Year
-$4
Average Price Decrease
Ranked 6th
Least Expensive Rent by State
5,212
Available Rentals
Ethan, SD
City with the Lowest Rent
What is the average rent in South Dakota?
As of July 2025, the average rent in South Dakota is $982/month. When you rent an apartment in South Dakota, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $863 per month for a studio, $982 for a one-bedroom apartment, and around $1,177 for a two-bedroom apartment in South Dakota. If you opt for a three-bedroom rental, you could pay $1,472 or more.
Rent by City
What are the most expensive cities in South Dakota?
Based on current rent prices, the most expensive cities in South Dakota to live are Box Elder, Summerset and Rapid City.
Nearby State Markets
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Methodology
† 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.
State graphics provided by ProPublica
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