RentData

Average Rent in Hutchinson County, SD Rents falling 9.9% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 7,393

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Hutchinson County, SD has rental prices ranging from $598/month to $1,170/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $669/month — 52% below the national average of $1,400/month. With a median household income of $74,459/year, spending $669/month on a 1-bedroom represents 11% of gross income — within the recommended 30% threshold.

How Hutchinson County Compares

With an average 2-bedroom rent of $879/month, Hutchinson County ranks #27 most expensive of the 64 cities tracked in South Dakota — more affordable than 80% of all US cities in our data.

The Hutchinson County Rental Market

The Hutchinson County, SD area has a population of about 7,393 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 Hutchinson County, SD have fallen by $97/month (9.9%) over the past year, from $976 to $879. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.

Affordability

To afford a 1-bedroom apartment in Hutchinson County, SD without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $26,760. The local median household income of $74,459 exceeds that threshold by $47,699, making Hutchinson County relatively accessible compared to local wages.

Economy & Jobs

Hutchinson County, SD has an unemployment rate of 1.6%, 2.3 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 FY2025
Studio
$598
Affordable
1 Bedroom
$669
Affordable
2 Bedrooms
$879
9.9% YoY
Affordable
3 Bedrooms
$1,092
Affordable
4 Bedrooms
$1,170
Affordable
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Is Hutchinson 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
$35,160/year
Local median income: $74,459
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $879/month and 20% down on a home at 7% rate.

Nearby Cities in SDlargest metros in the state

CityStudio1BR2BR3BRHome Value
Sioux Falls$748$882$1,030$1,412
Rapid City$767$856$1,119$1,490
Brown County$672$676$872$1,218
Brookings County$761$765$923$1,293
Meade County$751$835$1,095$1,506
Codington County$687$764$1,002$1,272

Rent or Buy in Hutchinson County?

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

Should I Rent or Buy?

Break-even analysis using real Hutchinson County data

$
Home Value
$350,000
2BR Rent
$879/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏢 Rent

Renting appears to be the better financial choice for this scenario.

Total monthly buy cost: $2,577/movs rent: $879/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Hutchinson County

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Frequently Asked Questions

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🏘️Neighborhoods in Hutchinson County

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💵Rent Affordability in Hutchinson County

Salary needed to afford rent here

🗺️All Cities in SD

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⚖️Compare Hutchinson County

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📋SD Tenant Rights

Deposit limits, eviction laws & renters protections