Average Rent in Butte County, SD↑ Rents rising 16.3% YoY🔺 7th priciest in SD
HUD FY2027 · Official government data · Updated annually · Metro pop. 10,538
Market Overview
Butte County, SD has rental prices ranging from $890/month to $2,015/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $977/month — 30% below the national average of $1,400/month. With a median household income of $67,692/year, spending $977/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.
How Butte County Compares
With an average 2-bedroom rent of $1,278/month, Butte County ranks #7 most expensive of the 64 cities tracked in South Dakota — pricier than 80% of all US cities in our data.
The Butte County Rental Market
The Butte County, SD area has a population of about 10,538 and 20% 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 Butte County, SD have risen by $179/month (16.3%) over the past year, from $1,099 to $1,278. 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 Butte County, SD without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $39,080. The local median household income of $67,692 exceeds that threshold by $28,612, making Butte County relatively accessible compared to local wages.
Economy & Jobs
Butte 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 FY2027Is Butte County, SD Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in SDlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home 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 | — |
| Brookings County | $853 | $858 | $1,066 | $1,476 | — |
| Meade County | $945 | $1,037 | $1,357 | $1,879 | — |
| Codington County | $871 | $943 | $1,233 | $1,504 | — |
Rent or Buy in Butte County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Butte County data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Butte County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Butte CountySalary needed to afford rent here
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