RentData

Average Rent in Mellette County, SD Rents falling 3.6% YoY🔻 2nd cheapest in SD

HUD FY2025 · Official government data · Updated annually · Metro pop. 2,043

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

Market Overview

Mellette County, SD has rental prices ranging from $598/month to $1,360/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $665/month — 52% below the national average of $1,400/month. With a median household income of $51,364/year, spending $665/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Mellette County Compares

With an average 2-bedroom rent of $872/month, Mellette County ranks #63 most expensive of the 64 cities tracked in South Dakota — more affordable than 86% of all US cities in our data.

The Mellette County Rental Market

The Mellette County, SD area has a population of about 2,043 and 40% 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 Mellette County, SD have fallen by $33/month (3.6%) over the past year, from $905 to $872. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Mellette County, SD without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $26,600. The local median household income of $51,364 exceeds that threshold by $24,764, making Mellette County relatively accessible compared to local wages.

Economy & Jobs

Mellette County, SD has an unemployment rate of 4.0%, 0.1 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Fair Market Rents

HUD FY2025
Studio
$598
Affordable
1 Bedroom
$665
Affordable
2 Bedrooms
$872
3.6% YoY
Affordable
3 Bedrooms
$1,071
Affordable
4 Bedrooms
$1,360
Average
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Is Mellette 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
$34,880/year
Local median income: $51,364
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $872/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 Mellette County?

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

Should I Rent or Buy?

Break-even analysis using real Mellette County data

$
Home Value
$350,000
2BR Rent
$872/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: $872/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Mellette County

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Frequently Asked Questions

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🏘️Neighborhoods in Mellette County

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💵Rent Affordability in Mellette County

Salary needed to afford rent here

🗺️All Cities in SD

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⚖️Compare Mellette County

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📋SD Tenant Rights

Deposit limits, eviction laws & renters protections