Cheapest Cities to Rent in South Dakota (2026)
Discover the most affordable cities for renters in South Dakota. These 1 cities offer the lowest rent prices in the state, perfect for budget-conscious renters.
$1,200
Cheapest 2BR
$1,200
State Average 2BR
$0
Monthly Savings
$0
Yearly Savings
Top 1 Cheapest Cities in South Dakota
Ranked by 2-bedroom rent price (lowest first)
| Rank | City | Studio | 1 Bed | 2 Bed | 3 Bed | Income Needed |
|---|---|---|---|---|---|---|
#1 | Rapid City, SD | $850 | $1,000 | $1,200 | $1,550 | $48,000/yr |
Why These South Dakota Cities Are Affordable
South Dakota ranks among the most affordable states for renters, with the added benefit of no state income tax. Sioux Falls offers excellent value for a growing metro.
- Below-average housing costs: These cities have housing indices lower than the state average of 85
- Lower demand: Smaller populations and less competitive markets keep prices reasonable
- Diverse housing stock: Mix of older and newer buildings provides options at various price points
- Regional economies: Local job markets support working populations without coastal-city premiums
Income Requirements
Using the standard 30% of income guideline, here's what you need to earn to afford rent in South Dakota's cheapest cities:
#1: Rapid City
2BR: $1,200/mo requires $48,000/year
How South Dakota's Cheapest Cities Compare
vs State Average
+$0/mo
more expensive than South Dakota average
vs National Average
-$200/mo
cheaper than US average
Cost of Living Index
92
Below national average (100)
What to Consider Before Moving
Best For
- ✓Budget-conscious renters
- ✓Healthcare professionals
- ✓Those seeking no income tax
- ✓Outdoor enthusiasts
Considerations
- •Cold winters
- •Limited major metros
- •Rural isolation