Average Rent in South Dakota

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Current Versus Historical South Dakota Rents

South Dakota rentals average $1,300 for a 3-bedroom rental to $1,300 for a 3-bedroom rental. The median price of all currently available listings is $1,300, or roughly $0 per square feet.
For the apartment units and housing in June 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $259 (85.24%) year-over-year from $304 to $563. 1-bedroom rentals prices have increased by $35 (4.05%) year-over-year from $865 to $900. 2-bedroom rentals prices have increased by $56 (5.00%) year-over-year from $1,119 to $1,175. 3-bedroom rentals prices have increased by $167 (10.24%) year-over-year from $1,628 to $1,795. 4-bedroom rentals prices have increased by $122 (5.62%) year-over-year from $2,163 to $2,285. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 36.02% this month. 1-bedroom rents have gone down by 21.97% this month. 2-bedroom rents have gone up by 4.75% this month. 3-bedroom rents have gone up by 0.28% this month. 4-bedroom rents have gone up by 3.32% this month.
Beds
Price / Sqft
Jun 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
3 BR N/A $1,795 $1,628 (10.24%) $1,358 (32.15%)

Historical Rents in South Dakota

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near South Dakota

There are a total of 12 cities nearby South Dakota. The average rent in South Dakota is currently $2,166 per month. Only one city nearby has an average rent lower than that. Our records show that Dubuque, IA, with an average rent of $576, is the most affordable city nearby. In contrast, the most expensive city near South Dakota is Snowmass Village, CO. Monthly rents here are on average $35,500 per month.

Let's compare South Dakota's rent against other top cities nearby by bedroom size. Typically, rent for studios in South Dakota is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in South Dakota are about inf% more affordable. Finally, rent for three bedrooms are about 115.46% more affordable. Want more information? Check out the top 10 cities out of 12 total cities near South Dakota in the following chart.
City Studio 1 Bed 2 Bed All
Dubuque, IA $526 N/A N/A $576
St. Louis, MO $990 $998 $1,495 $1,400
Denver, CO $1,665 $1,963 $2,750 $2,063
Schaumburg, IL N/A $1,995 $2,465 $2,138
Chicago, IL $1,495 $1,900 $2,500 $2,195
Wheaton, IL N/A $1,988 $2,348 $2,257
Minneapolis, MN $1,195 $1,750 $2,795 $2,331
Naperville, IL N/A $1,575 $2,300 $2,750
Aspen, CO $5,100 $8,250 $18,500 $35,000
Snowmass Village, CO N/A $5,750 $11,625 $35,500

Top Neighborhoods Near South Dakota

There are a total of 9 neighborhoods in or near South Dakota. Some of these neighborhoods include Rogers Park, Uptown, and Lakeview. We've included all of these top 9 neighborhoods in or near South Dakota in the following chart.

The average rent for these 9 neighborhoods in or near South Dakota is currently around $2,373 per month. Meaning, only nine neighborhoods have a higher average rent than $2,373. Interestingly, the neighborhoods' average rent is higher than South Dakota's average rent, which is only $1,300. Out of all the neighborhoods in or near South Dakota, Rogers Park has the most affordable average rent at $1,500 per month. Whereas, at $3,100 average rent per month, Near North Side is the most expensive neighborhood in or near South Dakota. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Rogers Park, Chicago, IL $1,138 $1,300 $1,750 $1,500
Uptown, Chicago, IL $1,300 $1,598 $2,110 $1,600
Lakeview, Chicago, IL $1,545 $1,995 $2,750 $2,195
Logan Square, Chicago, IL $1,395 $1,950 $2,200 $2,195
Lincoln Park, Chicago, IL $1,495 $2,373 $3,350 $2,373
Hyde Park, Chicago, IL $1,322 $1,658 $1,995 $2,448
The Loop, Chicago, IL $1,950 $2,300 $3,200 $2,800
South Loop, Chicago, IL $1,775 $2,250 $3,000 $2,900
Near North Side, Chicago, IL $1,800 $2,400 $3,773 $3,100

Top Counties Near South Dakota

There are a total of 9 counties located by South Dakota. Some of these counties include Dubuque, IA, St. Louis, MO, and St. Louis, MO. The average rent for rentals in these counties is $2,200. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Dubuque, IA. It's average rent per month is $526. Vice versa, with an average rent of $36,750, Pitkin, CO is the most expensive county by South Dakota.

Typically, rent for studios in South Dakota is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in South Dakota is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in South Dakota is inf% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Dubuque, IA $500 N/A N/A $526
St. Louis, MO $990 $998 $1,495 $1,400
St. Louis, MO $1,495 $1,381 $1,595 $1,995
Denver, CO $1,665 $1,963 $2,750 $2,063
Cook, IL $1,495 $1,898 $2,375 $2,200
Lake, IL N/A $1,898 $2,150 $2,355
DuPage, IL $1,450 $1,883 $2,264 $2,395
Will, IL $950 $1,225 $2,295 $2,400
Hennepin, MN $1,195 $1,709 $2,720 $2,720
Pitkin, CO $5,100 $7,500 $17,500 $36,750

Top Zipcodes Near South Dakota

There are a total of 17 zipcodes in or near South Dakota. The average rent for all of these zipcodes is $2,200.

The following chart includes the top 10 zipcodes in South Dakota. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60657, Chicago, IL $1,507 $2,045 $2,760 $2,100
81611, Pitkin County, CO $5,100 $8,500 $18,500 $40,000
60647, Chicago, IL $1,395 $1,950 $2,200 $2,200
60613, Chicago, IL $1,595 $1,708 $2,600 $2,095
60640, Chicago, IL $1,250 $1,600 $2,120 $1,600
60614, Chicago, IL $1,675 $2,350 $3,425 $2,473
60610, Chicago, IL $1,688 $2,298 $3,600 $3,048
60626, Chicago, IL $1,138 $1,300 $1,750 $1,500
81615, Snowmass Village, CO N/A $5,750 $11,625 $35,500
61820, Champaign, IL $825 $1,058 $1,325 $1,310

Frequently Asked Questions - South Dakota Average Rents

What is the average rent price in South Dakota?
The average monthly rental price for South Dakota apartments for rent is approximately $1,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do South Dakota rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in South Dakota.
How much is a studio apartment in South Dakota?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in South Dakota.
How much is a one bedroom apartment in South Dakota?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in South Dakota.
How much is a two bedroom apartment in South Dakota?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 two bedroom apartment listings currently available for rent in South Dakota.
How have rent prices in South Dakota changed this year?
Rent prices for rentals in South Dakota can fluctuate yearly. Specifically, studio rental prices have changed by 0.85%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in South Dakota?
A reasonable rent price in South Dakota is around $1,040/month. You can search for these reasonably priced rental listings on RentHop.
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