RentData

Average Rent in Brookings County, SD↑ Rents rising 11.9% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 34,968

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Brookings County, SD has rental prices ranging from $853/month to $1,782/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $858/month — 39% below the national average of $1,400/month. With a median household income of $67,341/year, spending $858/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Brookings County Compares

With an average 2-bedroom rent of $1,066/month, Brookings County ranks #21 most expensive of the 64 cities tracked in South Dakota — pricier than 59% of all US cities in our data.

The Brookings County Rental Market

The Brookings County, SD area has a population of about 34,968 and 41% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.

Rent Trends

2-bedroom rents in Brookings County, SD have risen by $113/month (11.9%) over the past year, from $953 to $1,066. 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 Brookings County, SD without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $34,320. The local median household income of $67,341 exceeds that threshold by $33,021, making Brookings County relatively accessible compared to local wages.

Economy & Jobs

Brookings County, SD has an unemployment rate of 1.4%, 2.5 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.

Fair Market Rents

HUD FY2027
Studio
$853
Affordable
1 Bedroom
$858
Affordable
2 Bedrooms
$1,066
↑11.9% YoY
Affordable
3 Bedrooms
$1,476
Affordable
4 Bedrooms
$1,782
Average
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Is Brookings County, SD Affordable?

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

Affordability Index(30% income rule)

To rent a 2BR
$42,640/year
Local median income: $67,341
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,066/month and 20% down on a — home at 7% rate.

Nearby Cities in SDlargest metros in the state

CityStudio1BR2BR3BRHome Value
Sioux Falls$941$1,044$1,228$1,694—
Rapid City$996$1,093$1,430$1,833—
Brown County$706$775$1,014$1,283—
Meade County$945$1,037$1,357$1,879—
Codington County$871$943$1,233$1,504—
Lawrence County$841$923$1,207$1,671—

Rent or Buy in Brookings County?

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

Should I Rent or Buy?

Break-even analysis using real Brookings County data

$
Home Value
$350,000
2BR Rent
$1,066/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 3 years — worth it if you stay 3+ years.

Total monthly buy cost: $2,577/movs rent: $1,066/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Brookings County

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

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Frequently Asked Questions

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🏘️Neighborhoods in Brookings County

Compare rent & home prices by neighborhood

💵Rent Affordability in Brookings County

Salary needed to afford rent here

🗺️All Cities in SD

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⚖️Compare Brookings County

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📋SD Tenant Rights

Deposit limits, eviction laws & renters protections