Average Rent in Potter County, SD↓ Rents falling 4.5% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 2,430
Market Overview
Potter County, SD has rental prices ranging from $644/month to $1,465/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $716/month — 49% below the national average of $1,400/month. With a median household income of $71,726/year, spending $716/month on a 1-bedroom represents 12% of gross income — within the recommended 30% threshold.
How Potter County Compares
With an average 2-bedroom rent of $939/month, Potter County ranks #13 most expensive of the 64 cities tracked in South Dakota — pricier than 53% of all US cities in our data.
The Potter County Rental Market
The Potter County, SD area has a population of about 2,430 and 21% 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 Potter County, SD have fallen by $44/month (4.5%) over the past year, from $983 to $939. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Potter County, SD without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,640. The local median household income of $71,726 exceeds that threshold by $43,086, making Potter County relatively accessible compared to local wages.
Economy & Jobs
Potter County, SD has an unemployment rate of 2.6%, 1.3 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 FY2025Is Potter 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 | $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 Potter County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Potter County data
Renting appears to be the better financial choice for this scenario.
Living in Potter 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 Potter CountySalary needed to afford rent here
🗺️All Cities in SDSee how Potter County ranks statewide
⚖️Compare Potter CountySide-by-side rent & cost of living with any city
📋SD Tenant RightsDeposit limits, eviction laws & renters protections