Summerset Village
7277 Independence St,
Summerset, SD 57718
2 Beds | $1,225 - $1,275
Rental Market Trends in Summerset, SD
Updated September 2026
The average rent in Summerset, SD is $1,125/month.
Rent in Summerset is 32% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$1,125/month
Average Rent
884 Sq Ft
Average Size
0%
Change / Year
7
Available Apartments
Summerset rent varies by unit size and layout:
- Studio apartments in Summerset average per month.
- One-bedroom apartments in Summerset average $1,125 per month.
- Two-bedroom apartments in Summerset average $1,270 per month.
- Three-bedroom apartments in Summerset average $1,525 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Summerset, SD?
Rents have remained stable over the past year, with little overall movement.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Summerset, SD
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
100%
$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 Summerset, SD?
Because the average rent in Summerset is $1,125, you’ll want to make about $3,750 per month or $45,000 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.
How does Summerset, SD compare to other nearby cities and neighborhoods?
Use the tool below to compare Summerset, 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.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Summerset?
The average rent in Summerset is $1,125 per month, which is 32.4% lower than the national average of $1,665.
Are rents going up or down in Summerset?
Rents in Summerset, SD are relatively stable, with minimal month-over-month change.
What rent range is most common in Summerset?
In Summerset, SD, 100% of apartments fall between $1,001 - $1,500/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 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.