Rental numbers for South Dakota
0 of 20 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 4.5%.
- Gross yield
- n/a
- no Zillow rent index
- Median ZIP yield
- 4.5%
- 20 ZIPs with full data
- Cash flow
- n/a
- at 7.78%, 25% down
- Typical price
- $322,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,310/mo
- median across 20 tier A ZIPs, Aug 2026
Counties
Gross yield uses Zillow county rent where published, otherwise the median ZIP yield
| Hughes County | $295,000 | $1,354 | 5.5% | 2.1% | -$1,083 | n/a |
| Brown County | $245,000 | $1,082 | 5.3% | 1.7% | -$978 | +10.5% |
| Pennington County | $364,000 | $1,482 | 4.9% | 1.7% | -$1,456 | +4.6% |
| Minnehaha County | $327,000 | $1,272 | 4.7% | 1.4% | -$1,396 | +3.8% |
| Davison County | $254,000 | $979 | 4.6% | 1.1% | -$1,147 | n/a |
| Meade County | $399,000 | $1,473 | 4.4% | 1.4% | -$1,689 | n/a |
| Brookings County | $327,000 | $1,193 | 4.4% | 1.1% | -$1,458 | +4.2% |
| Lincoln County | $382,000 | $1,330 | 4.2% | 1.0% | -$1,742 | +3.8% |
| Lawrence County | $450,000 | $1,530 | 4.1% | 1.4% | -$1,919 | n/a |
| Codington County | $344,000 | $1,115 | 3.9% | 0.9% | -$1,607 | n/a |
| Beadle County | $195,000 | not published | n/a | n/a | n/a | n/a |
| Bennett County | $225,000 | not published | n/a | n/a | n/a | n/a |
| Bon Homme County | $164,000 | not published | n/a | n/a | n/a | n/a |
| Brule County | $256,000 | not published | n/a | n/a | n/a | n/a |
| Butte County | $356,000 | not published | n/a | n/a | n/a | n/a |
| Campbell County | $191,000 | not published | n/a | n/a | n/a | n/a |
| Charles Mix County | $299,000 | not published | n/a | n/a | n/a | n/a |
| Clark County | $218,000 | not published | n/a | n/a | n/a | n/a |
| Clay County | $288,000 | not published | n/a | n/a | n/a | n/a |
| Corson County | $168,000 | not published | n/a | n/a | n/a | n/a |
| Custer County | $501,000 | not published | n/a | n/a | n/a | n/a |
| Day County | $271,000 | not published | n/a | n/a | n/a | n/a |
| Deuel County | $308,000 | not published | n/a | n/a | n/a | n/a |
| Edmunds County | $232,000 | not published | n/a | n/a | n/a | n/a |
| Fall River County | $292,000 | not published | n/a | n/a | n/a | n/a |
| Grant County | $239,000 | not published | n/a | n/a | n/a | n/a |
| Hamlin County | $341,000 | not published | n/a | n/a | n/a | n/a |
| Hand County | $267,000 | not published | n/a | n/a | n/a | n/a |
| Harding County | $259,000 | not published | n/a | n/a | n/a | n/a |
| Hutchinson County | $229,000 | not published | n/a | n/a | n/a | n/a |
| Jackson County | $141,000 | not published | n/a | n/a | n/a | n/a |
| Jerauld County | $225,000 | not published | n/a | n/a | n/a | n/a |
| Kingsbury County | $256,000 | not published | n/a | n/a | n/a | n/a |
| Lake County | $317,000 | not published | n/a | n/a | n/a | n/a |
| Marshall County | $235,000 | not published | n/a | n/a | n/a | n/a |
| McCook County | $292,000 | not published | n/a | n/a | n/a | n/a |
| Miner County | $207,000 | not published | n/a | n/a | n/a | n/a |
| Moody County | $311,000 | not published | n/a | n/a | n/a | n/a |
| Perkins County | $176,000 | not published | n/a | n/a | n/a | n/a |
| Potter County | $224,000 | not published | n/a | n/a | n/a | n/a |
| Roberts County | $231,000 | not published | n/a | n/a | n/a | n/a |
| Sanborn County | $242,000 | not published | n/a | n/a | n/a | n/a |
| Spink County | $174,000 | not published | n/a | n/a | n/a | n/a |
| Stanley County | $313,000 | not published | n/a | n/a | n/a | n/a |
| Sully County | $278,000 | not published | n/a | n/a | n/a | n/a |
| Tripp County | $206,000 | not published | n/a | n/a | n/a | n/a |
| Turner County | $301,000 | not published | n/a | n/a | n/a | n/a |
| Union County | $359,000 | not published | n/a | n/a | n/a | n/a |
| Walworth County | $137,000 | not published | n/a | n/a | n/a | n/a |
| Yankton County | $278,000 | not published | n/a | n/a | n/a | n/a |
Highest-yield ZIP codes in South Dakota
Tier A only: Zillow value against Zillow rent
| ZIP | Typical price | Rent | Gross yield | Cash flow /mo |
|---|---|---|---|---|
| 57104Sioux Falls | $223,000 | $1,287 | 6.9% | -$628 |
| 57103Sioux Falls | $289,000 | $1,442 | 6.0% | -$974 |
| 57701Rapid City | $301,000 | $1,429 | 5.7% | -$1,058 |
| 57501Pierre | $300,000 | $1,354 | 5.4% | -$1,121 |
| 57401Aberdeen | $244,000 | $1,097 | 5.4% | -$965 |
| 57703Rapid City | $359,000 | $1,582 | 5.3% | -$1,325 |
| 57105Sioux Falls | $287,000 | $1,205 | 5.0% | -$1,160 |
| 57719Box Elder | $368,000 | $1,517 | 5.0% | -$1,482 |
| 57107Sioux Falls | $328,000 | $1,267 | 4.6% | -$1,387 |
| 57301Mitchell | $255,000 | $960 | 4.5% | -$1,167 |
Trends
Five years to August 2026
- Price, 12 months
- +2.5%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 1.06%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value |
|---|---|
| Aug 2021 | $258,935 |
| Aug 2022 | $298,473 |
| Aug 2023 | $301,220 |
| Aug 2024 | $307,155 |
| Aug 2025 | $313,723 |
| Aug 2026 | $321,574 |
Costs that vary by state
- Effective property tax
- 1.06%
- Census ACS 2024
- Landlord insurance default
- $1,937/yr
- NAIC HO-3 $1,614 x 1.2
- Permits per 1,000 households
- 16.3
- last 12 months
- Median typical price
- $331,000
- tier A ZIPs
Metros
Questions
- Is South Dakota good for rental property?
- 0 of 20 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 4.5%. Cash flow assumes the typical home in each ZIP, 7.78% with 25% down and the default costs.
- What is the average property tax rate in South Dakota?
- About 1.06% of value statewide (Census ACS median taxes paid over median value). Rates vary widely by county; the county table above links to each.
- What does landlord insurance cost in South Dakota?
- NAIC's 2023 average homeowners (HO-3) premium in South Dakota was $1,614. Landlord policies usually cost more, so this site assumes $1,937 a year. Quotes depend on the property, coverage and claims history.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
- NAIC Homeowners Insurance Report, data for 2023
National Association of Insurance Commissioners. Read: 2023.
Average HO-3 homeowners premium by state, multiplied by 1.2 as a landlord-policy assumption.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.