Average Rent in South Dakota

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Current Versus Historical South Dakota Rents

South Dakota rentals average $675 for a studio rental to $2,150 for a 4-bedroom rental. The median price of all currently available listings is $1,198, or roughly $14 per square feet.
For the apartment units and housing in September 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $174 (-21.79%) year-over-year from $799 to $625. 1-bedroom rentals prices have decreased by $8 (-0.76%) year-over-year from $993 to $985. 2-bedroom rentals prices have increased by $164 (14.49%) year-over-year from $1,133 to $1,298. 3-bedroom rentals prices have decreased by $56 (-3.18%) year-over-year from $1,756 to $1,700. 4-bedroom rentals prices have increased by $224 (10.32%) year-over-year from $2,173 to $2,398. 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 up by 22.95% this month. 1-bedroom rents have gone up by 14.31% this month. 2-bedroom rents have gone up by 22.21% this month. 3-bedroom rents have gone down by 1.86% this month. 4-bedroom rents have gone up by 6.01% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $16.00 $625 $799 (-21.79%) $445 (40.45%)
1 BR $15.67 $985 $993 (-0.76%) $832 (18.44%)
2 BR $13.83 $1,298 $1,133 (14.49%) $1,038 (25.02%)
3 BR $15.03 $1,700 $1,756 (-3.18%) $1,615 (5.26%)
4+ BR $13.41 $2,398 $2,173 (10.32%) $1,998 (19.97%)

Historical Rents in South Dakota

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near South Dakota

There are a total of 21 cities nearby South Dakota. The average rent in South Dakota is currently $1,500 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Cincinnati, OH, with an average rent of $897, is the most affordable city nearby. In contrast, the most expensive city near South Dakota is Naperville, IL. Monthly rents here are on average $2,900 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 30.74% more affordable than other cities nearby. One bedrooms are about 45.57% more affordable. Two bedrooms in South Dakota are about 69.95% more affordable. Finally, rent for three bedrooms are about 49.87% more affordable. Want more information? Check out the top 10 cities out of 21 total cities near South Dakota in the following table.
City Studio 1 Bed 2 Bed All
Milwaukee, WI $883 $850 $1,100 $1,000
Sioux Falls, SD $425 $700 $795 $1,045
Kansas City, MO $1,075 $944 $998 $1,195
St. Paul, MN $875 $895 $1,550 $1,275
Minneapolis, MN $875 $1,273 $1,590 $1,650
Aurora, CO $749 $1,059 $1,728 $1,782
Schaumburg, IL N/A $2,395 $2,250 $2,400
Aurora, IL N/A $1,350 $2,300 $2,500
Vernon Hills, IL N/A $2,088 $2,300 $2,525
Naperville, IL $1,325 $1,775 $2,300 $2,900

Top Neighborhoods Near South Dakota

There are a total of 25 neighborhoods in or near South Dakota. Some of these neighborhoods include South Shore, Rogers Park, and Edgewater. We've included all of these top 25 neighborhoods in or near South Dakota in the following table.

The average rent for these 25 neighborhoods in or near South Dakota is currently around $2,175 per month. Interestingly, the neighborhoods' average rent is higher than South Dakota's average rent, which is only $1,198. 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 $3,650 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 $1,200 $1,250 $1,475 $1,600
Rogers Park, Chicago, IL $1,213 $1,495 $1,945 $1,667
Edgewater, Chicago, IL $1,412 $1,742 $2,575 $1,813
Pilsen, Chicago, IL $1,300 $1,700 $1,985 $1,900
Lawndale, Chicago, IL $1,600 $1,450 $1,750 $1,925
Woodlawn, Chicago, IL N/A $1,565 $1,888 $1,938
Portage Park, Chicago, IL $1,365 $1,600 $1,773 $1,950
Old Westport, Kansas City, MO $1,559 $1,993 $3,265 $1,972
Uptown, Chicago, IL $1,304 $1,750 $2,800 $1,995
Albany Park, Chicago, IL $1,275 $1,690 $2,017 $2,000
West Rogers Park, Chicago, IL $1,100 $1,525 $1,895 $2,048
Humboldt Park, Chicago, IL $1,600 $1,875 $1,945 $2,150
Ravenswood, Chicago, IL $1,480 $1,950 $2,550 $2,175
Jefferson Park, Chicago, IL $1,295 $1,748 $2,075 $2,200
Logan Square, Chicago, IL $1,450 $2,050 $2,550 $2,395
Lakeview, Chicago, IL $1,529 $2,195 $3,225 $2,400
Bronzeville, Chicago, IL $1,173 $1,600 $2,385 $2,500
Lincoln Park, Chicago, IL $1,750 $2,550 $3,625 $2,698
South Loop, Chicago, IL $1,750 $2,400 $3,200 $2,800
Near North Side, Chicago, IL $1,950 $2,650 $4,000 $3,000
The Loop, Chicago, IL $1,925 $2,550 $3,575 $3,000
West Town, Chicago, IL N/A $2,225 $3,199 $3,250
Near West Side, Chicago, IL N/A $2,800 $3,650 $3,295
Bucktown, Chicago, IL $2,230 $2,276 $3,725 $3,555
DePaul, Chicago, IL $1,975 $2,535 $3,748 $3,650

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 Scott, IA. The average rent for rentals in these counties is $2,075. That's roughly around $23 per sqft. A total of 7 counties have a lower average rent. The county that is the most affordable is Sioux Falls, SD. Its average rent per month is $885. Vice versa, with an average rent of $3,450, New Trier, IL is the most expensive county by South Dakota.

Typically, rent for studios in South Dakota is 50.07% more affordable than other counties nearby. In comparison, rent for one bedroom listings in South Dakota is 76.90% more affordable than other counties nearby. Finally, rent for two bedrooms in South Dakota is 92.50% 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 $425 $700 $795 $885
Milwaukee, WI $883 $850 $1,100 $1,000
Scott, IA $1,013 $775 $1,100 $1,150
Polk, IA $150 $778 $995 $1,175
Jackson, MO $1,075 $825 $997 $1,195
St. Paul, MN $875 $895 $1,550 $1,275
Arapahoe, CO $980 $1,100 $1,550 $1,425
Minneapolis, MN $875 $1,273 $1,590 $1,650
Adams, CO $930 $1,175 $1,417 $1,800
Naperville, IL $1,325 $1,700 $2,350 $2,650

Top Zipcodes Near South Dakota

There are a total of 38 zipcodes in or near South Dakota. The average rent for all of these zipcodes is $2,263. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 80203, Denver, CO at $1,148 per month. In comparison, the zipcode with the most expensive average rent of $3,250 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,400. That's at least $32 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near South Dakota is $1,738 per month. Or in other words, $28 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,350 per month. Which comes out to $26 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 $1,505 $2,104 $3,195 $2,300
60613, Chicago, IL $1,550 $2,100 $3,150 $2,550
60614, Chicago, IL $1,763 $2,550 $3,800 $2,900
60640, Chicago, IL $1,325 $1,885 $2,500 $1,985
60626, Chicago, IL $1,200 $1,495 $1,950 $1,654
60647, Chicago, IL $1,450 $2,095 $2,750 $2,450
60611, Chicago, IL $2,100 $2,600 $4,300 $3,250
60622, Chicago, IL $1,735 $2,150 $2,895 $3,000
60610, Chicago, IL $1,695 $2,633 $3,950 $2,950
60625, Chicago, IL $1,400 $1,775 $2,178 $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 $1,198. 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 $675 and an average price per square feet of $16.00. There are a total of 10 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 $790 and an average price per square feet of $15.67. There are a total of 28 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 $1,000 and an average price per square feet of $13.83. There are a total of 51 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 -0.22%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.14%, 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 $958/month. You can search for these reasonably priced rental listings on RentHop.