What is the average rent in South Dakota?
According to the most recent data from Zillow, the average rent in South Dakota for April 2020 is $1,175. With an averge apartment size of 1,346 sqft, the average price per square foot in South Dakota is $0.872.
Compared to the national average of $1,650, South Dakota rent costs -28.8% less. Read our analysis of rents by state to see how South Dakota ranks.
Here's a look at how average rents have changed over time:
How Does South Dakota Rent Compare To The Rest Of The Country?
Median Rent By Bedrooms In South Dakota
As you would expect, the median price for rent in South Dakota increases as the number of bedrooms in the unit increases. Studios rent the cheapest in South Dakota clocking in at $800, while a four bedroom rental will set you back $1,320 per month.
We think the best deal comes in the form of a two bedroom for $887 per month, however, if you don't mind having roommates, the best option on a per room basis is a 4-bedroom rental for $330/room/month.
Read on to find out more or for more on South Dakota check out:
Month Over Month South Dakota Rent Statistics
South Dakota has experienced a $25 change in rent over the past month going from $1,150 to $1,175. That change comes out to 2.2%.
For reference, the US national average rent changed $0 in the past month or 0.0%.
Here's a look at the month over month change for each month since 2010 for South Dakota:
Year Over Year South Dakota Rent Statistics
Over the past year, the average rent in South Dakota changed $62 from $1,113 to $1,175. A change of $62 means that rents changed 5.6% in a year.
That compares to the US national change of $5 in the past year or 0.3%.
Here's a look at the year over year change by month since 2011 for South Dakota:
The 10 Places With The Highest Rent In South Dakota
Median Rent: $1,287
More on Summerset: Real Estate | Data
Median Rent: $1,165
More on Crooks: Real Estate | Data
Median Rent: $1,081
More on Box Elder: Real Estate | Data | Photos
Median Rent: $936
More on Tea: Real Estate | Data
Median Rent: $933
More on Brandon: Real Estate | Data | Photos
Median Rent: $891
More on Groton: Real Estate | Data
Median Rent: $870
More on Dell Rapids: Real Estate | Data | Photos
Median Rent: $869
More on Harrisburg: Real Estate | Data
Median Rent: $862
More on Whitewood: Real Estate | Data
Median Rent: $860
More on Hartford: Real Estate | Data | Photos
Learn More About Living In South Dakota
Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.
He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.
If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.
You can find out more about him on LinkedIn.