Average Rent in Bon Homme County, SD↑ Rents rising 9.1% YoY🔻 2nd cheapest in SD

Bon Homme County, SD has rental prices ranging from $706/month to $1,695/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $838/month — 40% below the national average of $1,400/month. With a median household income of $61,275/year, spending $838/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Bon Homme County Compares

With an average 2-bedroom rent of $1,014/month, Bon Homme County ranks #63 most expensive of the 64 cities tracked in South Dakota — more affordable than 63% of all US cities in our data.

The Bon Homme County Rental Market

The Bon Homme County, SD area has a population of about 7,024 and 22% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Bon Homme County, SD have risen by $85/month (9.1%) over the past year, from $929 to $1,014. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Bon Homme County, SD without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,520. The local median household income of $61,275 exceeds that threshold by $27,755, making Bon Homme County relatively accessible compared to local wages.

Economy & Jobs

Bon Homme County, SD has an unemployment rate of 1.9%, 2.0 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Is Bon Homme County, SD Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Bon Homme County?

Break-even analysis and mortgage estimates based on local market data.

Living in Bon Homme County

Cost of living, job market, crime rates, and moving cost estimates.