Last updated July 6, 2026
Average Rent in South Dakota (2026)
Average rent across South Dakota is $1,217/mo as of July 2026, based on 37 units tracked daily across 2 cities and 7 apartment communities. Rents are up $566 (83.6%) compared to 30 days ago. Prices range from $670 to $2,700.
Explore South Dakota Cities
Marker size scales with tracked inventory. Click a city to open its rent trend page.
South Dakota Rent by City
Cities ranked by tracked inventory depth, biggest first. Prices are refreshed daily.
| City | Avg Rent | 30d Change | Units | From |
|---|---|---|---|---|
| Sioux Falls | $1,156 | +$452 | 24 | $670 |
| Rapid City | $1,330 | +$242 | 13 | $1,195 |
Which South Dakota Cities Are Getting Cheaper?
30-day percent change in asking rent across South Dakota cities. Green bars dropped, red bars rose. Showing the 2 biggest movers.
The Highest-Earning Apartment Buildings in South Dakota
Across the 5 South Dakota buildings we can estimate, rental revenue totals about $231K per month ($2.8M a year). Estimates come from each building's unit-level listing and leasing activity; click a building for the full methodology.
| Building | City | Est. Monthly Revenue | Est. Occupancy | Units |
|---|---|---|---|---|
| 1.VanderRight | Sioux Falls, SD | $80K/mo | 83% | 72 |
| 2.Pointe West Apartments | Rapid City, SD | $47K/mo | 83% | 42 |
| 3.Penbrooke Place | Sioux Falls, SD | $40K/mo | 88% | 48 |
| 4.Silver Springs Apartment Homes | Rapid City, SD | $33K/mo | 83% | 30 |
| 5.Babinski Properties | Sioux Falls, SD | $32K/mo | 94% | 48 |
Research estimates from listing activity, not operator financials.
Rent by Bedroom Type
Average rent in South Dakota broken down by apartment size. Only bedroom buckets with 100+ tracked units are shown so every row is backed by meaningful sample size.
| Type | Avg Rent | From | Up To | Units |
|---|---|---|---|---|
| Studio | $1,295 | $1,295 | $1,295 | 1 |
| 1 Bedroom | $932 | $670 | $1,235 | 8 |
| 2 Bedroom | $1,182 | $800 | $1,580 | 24 |
| 3 Bedroom | $1,505 | $1,109 | $1,900 | 2 |
| 4 Bedroom | $2,450 | $2,200 | $2,700 | 2 |
South Dakota Rent Trend Over Time
Average rent trend across all tracked South Dakota apartments.
Explore South Dakota apartments on the map
See apartment locations, neighborhood boundaries, and rent data interactively.
Open Interactive MapSouth Dakota Rent FAQ
What is the average rent in South Dakota?
The average rent in South Dakota is $1,217 per month as of July 2026, based on 37 units tracked across 2 cities.
Which South Dakota city has the cheapest rent?
Rapid City has the lowest average rent in South Dakota at $1,330 per month, with units starting from $1,195.
Are rents going up or down in South Dakota?
Rents in South Dakota have increased by $566 (83.6%) over the last 30 days.
How much is a 1-bedroom apartment in South Dakota?
The average rent for a 1-bedroom apartment in South Dakota is $932 per month, with 8 units available.
What is the most expensive city in South Dakota?
Sioux Falls is the most expensive city in South Dakota with an average rent of $1,156 per month.
How many apartments are available in South Dakota?
We track 37 individual units across 7 apartment communities in 2 South Dakota cities. Prices are updated daily.
What is the average rent for a studio in South Dakota?
The average studio apartment rent in South Dakota is $1,295 per month.
How often are South Dakota rent prices updated?
We refresh real asking prices every morning. All South Dakota rent data is updated daily, giving you the most current pricing available.