Average Rent in Fall River County, SD↑ Rents rising 11.9% YoY🔺 6th priciest in SD

Fall River County, SD has rental prices ranging from $898/month to $2,033/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $985/month — 30% below the national average of $1,400/month. With a median household income of $61,056/year, spending $985/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Fall River County Compares

With an average 2-bedroom rent of $1,289/month, Fall River County ranks #6 most expensive of the 64 cities tracked in South Dakota — pricier than 81% of all US cities in our data.

The Fall River County Rental Market

The Fall River County, SD area has a population of about 7,179 and 25% 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 Fall River County, SD have risen by $137/month (11.9%) over the past year, from $1,152 to $1,289. 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 Fall River County, SD without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $39,400. The local median household income of $61,056 exceeds that threshold by $21,656, making Fall River County relatively accessible compared to local wages.

Economy & Jobs

Fall River County, SD has an unemployment rate of 2.3%, 1.6 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 Fall River County, SD Affordable?

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

Rent or Buy in Fall River County?

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

Living in Fall River County

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