Average Rent in South Dakota

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Current Versus Historical South Dakota Rents

South Dakota rentals average $225 for a studio rental to $2,195 for a 4-bedroom rental. The median price of all currently available listings is $1,075, or roughly $14 per square feet.

For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $548 (-70.91%) year-over-year from $773 to $225. 1-bedroom rentals prices have decreased by $126 (-13.37%) year-over-year from $941 to $815. 2-bedroom rentals prices have decreased by $108 (-10.24%) year-over-year from $1,058 to $950. 3-bedroom rentals prices have decreased by $58 (-3.30%) year-over-year from $1,758 to $1,700. 4-bedroom rentals prices have increased by $27 (1.23%) year-over-year from $2,168 to $2,195. 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 37.21% this month. 1-bedroom rents have gone up by 3.71% this month. 2-bedroom rents have gone down by 2.15% this month. 3-bedroom rents have gone up by 0.82% this month. 4-bedroom rents have gone up by 4.03% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$0.56	$225	$773 (-70.91%)	$478 (-52.88%)
1 BR	$13.96	$815	$941 (-13.37%)	$834 (-2.30%)
2 BR	$12.88	$950	$1,058 (-10.24%)	$1,032 (-7.95%)
3 BR	$15.03	$1,700	$1,758 (-3.30%)	$1,597 (6.44%)
4+ BR	$14.83	$2,195	$2,168 (1.23%)	$1,990 (10.31%)

Historical Rents in South Dakota

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near South Dakota

There are a total of 27 cities nearby South Dakota. The average rent in South Dakota is currently $1,595 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Sioux Falls, SD, with an average rent of $780, is the most affordable city nearby. In contrast, the most expensive city near South Dakota is River Grove, IL. Monthly rents here are on average $3,170 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 394.44% more affordable than other cities nearby. One bedrooms are about 53.01% more affordable. Two bedrooms in South Dakota are about 63.10% more affordable. Finally, rent for three bedrooms are about 53.39% more affordable. Want more information? Check out the top 10 cities out of 27 total cities near South Dakota in the following table.

City	Studio	1 Bed	2 Bed	All
Sioux Falls, SD	$180	$685	$775	$780
Milwaukee, WI	$860	$795	$1,063	$1,050
Topeka, KS	$573	$673	$1,095	$1,095
Kansas City, MO	$1,325	$935	$1,011	$1,095
St. Paul, MN	$875	$1,040	$1,313	$1,275
Minneapolis, MN	$949	$1,295	$1,525	$1,400
Aurora, CO	$837	$950	$1,649	$1,995
Aurora, IL	$1,350	$1,350	$2,143	$2,400
Schaumburg, IL	N/A	$2,238	$2,300	$2,400
Naperville, IL	N/A	$1,625	$2,300	$2,900

Top Neighborhoods Near South Dakota

There are a total of 32 neighborhoods in or near South Dakota. Some of these neighborhoods include South Shore, Edgewater, and Austin. We've included the top 30 neighborhoods out of 32 total neighborhoods in or near South Dakota in the following table.

The average rent for these 30 neighborhoods in or near South Dakota is currently around $2,348 per month. Interestingly, the neighborhoods' average rent is higher than South Dakota's average rent, which is only $1,075. Out of all the neighborhoods in or near South Dakota, South Shore has the most affordable average rent at $1,600 per month. Whereas, at $3,952 average rent per month, DePaul is the most expensive neighborhood in or near South Dakota. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Shore, Chicago, IL	$1,098	$1,175	$1,450	$1,600
Edgewater, Chicago, IL	$1,356	$1,600	$2,498	$1,650
Austin, Chicago, IL	$1,150	$1,174	$1,600	$1,725
Portage Park, Chicago, IL	$1,300	$1,450	$1,700	$1,750
Rogers Park, Chicago, IL	$1,341	$1,450	$2,000	$1,784
Woodlawn, Chicago, IL	N/A	$1,565	$1,850	$1,900
West Rogers Park, Chicago, IL	$1,338	$1,450	$1,900	$1,900
Lawndale, Chicago, IL	$1,550	$1,400	$1,650	$1,925
Old Westport, Kansas City, MO	$1,559	$1,993	$3,265	$1,972
Uptown, Chicago, IL	$1,399	$1,985	$2,500	$1,990
Hyde Park, Chicago, IL	$1,188	$1,413	$2,400	$1,995
Albany Park, Chicago, IL	$1,275	$1,500	$2,000	$2,000
Pilsen, Chicago, IL	$2,500	$1,500	$2,025	$2,100
Jefferson Park, Chicago, IL	$1,300	$1,450	$2,238	$2,200
Humboldt Park, Chicago, IL	$1,513	$1,800	$2,038	$2,225
Ravenswood, Chicago, IL	$1,550	$1,985	$2,673	$2,295
Logan Square, Chicago, IL	$1,685	$2,250	$2,522	$2,400
University Village - Little Italy, Chicago, IL	$2,004	$2,359	$3,036	$2,448
Lakeview, Chicago, IL	$1,535	$2,295	$3,100	$2,490
Bronzeville, Chicago, IL	$995	$1,750	$2,393	$2,635
Bucktown, Chicago, IL	$2,198	$2,626	$3,327	$2,661
Lincoln Park, Chicago, IL	$1,850	$2,725	$4,000	$2,735
South Loop, Chicago, IL	$2,264	$2,651	$3,506	$2,850
The Loop, Chicago, IL	$2,383	$2,877	$4,050	$2,872
Wicker Park, Chicago, IL	$2,400	$2,880	$3,200	$2,915
Near West Side, Chicago, IL	$2,332	$2,884	$3,809	$2,946
Near North Side, Chicago, IL	$2,380	$2,885	$4,186	$3,038
West Loop, Chicago, IL	$2,360	$3,025	$4,142	$3,073
West Town, Chicago, IL	$2,517	$2,978	$4,275	$3,188
DePaul, Chicago, IL	$2,195	$2,673	$3,975	$3,952

Top Counties Near South Dakota

There are a total of 34 counties located by South Dakota. Some of these counties include Sioux Falls, SD, Milwaukee, WI, and Topeka, KS. The average rent for rentals in these counties is $1,945. That's roughly around $22 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Sioux Falls, SD. Its average rent per month is $750. Vice versa, with an average rent of $3,200, Vernon, IL is the most expensive county by South Dakota.

Typically, rent for studios in South Dakota is 305.33% more affordable than other counties nearby. In comparison, rent for one bedroom listings in South Dakota is 80.98% more affordable than other counties nearby. Finally, rent for two bedrooms in South Dakota is 101.84% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Sioux Falls, SD	$180	$685	$775	$750
Milwaukee, WI	$860	$795	$1,063	$1,050
Topeka, KS	$573	$673	$1,095	$1,095
Jackson, MO	$1,250	$875	$1,050	$1,195
Scott, IA	$650	$888	$1,200	$1,252
St. Paul, MN	$875	$1,040	$1,313	$1,275
Minneapolis, MN	$949	$1,295	$1,525	$1,400
Adams, CO	$875	$1,067	$1,460	$1,628
Arapahoe, CO	$2,118	$1,086	$1,649	$1,850
Naperville, IL	N/A	$1,600	$2,300	$2,600

Top Zipcodes Near South Dakota

There are a total of 37 zipcodes in or near South Dakota. The average rent for all of these zipcodes is $2,300.

Studios in these zipcodes have an average rent of $1,659. That's at least $41 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near South Dakota is $1,950 per month. Or in other words, $33 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,550 per month. Which comes out to $29 per sqft. The following table 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	$1,548	$2,260	$3,295	$2,450
60613, Chicago, IL	$1,507	$2,299	$2,950	$2,495
60614, Chicago, IL	$1,929	$2,660	$4,000	$2,812
60640, Chicago, IL	$1,350	$1,950	$2,550	$1,995
60626, Chicago, IL	$1,341	$1,450	$2,000	$1,751
60647, Chicago, IL	$1,695	$2,295	$2,612	$2,403
60611, Chicago, IL	$2,379	$2,857	$4,208	$3,151
60622, Chicago, IL	$2,343	$2,598	$2,825	$2,800
60610, Chicago, IL	$2,262	$2,710	$4,047	$2,811
60625, Chicago, IL	$1,400	$1,785	$2,198	$2,150

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 $1,075. 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 $225 and an average price per square feet of $0.56. There are a total of 21 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 $815 and an average price per square feet of $13.96. There are a total of 27 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 $935 and an average price per square feet of $12.88. There are a total of 48 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 -0.71%, one bedroom rental prices have changed by -0.13%, two bedroom rental prices have changed by -0.10%, three bedroom rental prices have changed by -0.03% year-over-year.

What is a reasonable rent price in South Dakota?

A reasonable rent price in South Dakota is around $860/month. You can search for these reasonably priced rental listings on RentHop.