RentData

Average Rent in Todd County, SD↑ Rents rising 9.1% YoY🔻 2nd cheapest in SD

HUD FY2027 · Official government data · Updated annually · Metro pop. 9,293

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Todd County, SD has rental prices ranging from $706/month to $1,599/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $892/month — 36% below the national average of $1,400/month. With a median household income of $39,148/year, spending $892/month on a 1-bedroom represents 27% of gross income — within the recommended 30% threshold.

How Todd County Compares

With an average 2-bedroom rent of $1,014/month, Todd County ranks #63 most expensive of the 64 cities tracked in South Dakota — more affordable than 63% of all US cities in our data.

The Todd County Rental Market

The Todd County, SD area has a population of about 9,293 and 55% 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 Todd County, SD have risen by $85/month (9.1%) over the past year, from $929 to $1,014. 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 Todd County, SD without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,680. The local median household income of $39,148 exceeds that threshold by $3,468, making Todd County relatively accessible compared to local wages.

Economy & Jobs

Todd 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 FY2027
Studio
$706
Affordable
1 Bedroom
$892
Affordable
2 Bedrooms
$1,014
↑9.1% YoY
Average
3 Bedrooms
$1,404
Expensive
4 Bedrooms
$1,599
Expensive
🔔
Get Rent Alerts
Be notified when rents change in Todd County
▼

Is Todd 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
$40,560/year
Local median income: $39,148
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,014/month and 20% down on a — home at 7% rate.

Nearby Cities in SDlargest metros in the state

CityStudio1BR2BR3BRHome 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 Todd County?

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

Should I Rent or Buy?

Break-even analysis using real Todd County data

$
Home Value
$350,000
2BR Rent
$1,014/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 4 years — worth it if you stay 4+ years.

Total monthly buy cost: $2,577/movs rent: $1,014/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Todd County

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

Moving Cost Estimator

Estimate your moving costs based on FMCSA public mover data

Select your origin state to see the estimate

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in Todd County

Compare rent & home prices by neighborhood

💵Rent Affordability in Todd County

Salary needed to afford rent here

🗺️All Cities in SD

See how Todd County ranks statewide

⚖️Compare Todd County

Side-by-side rent & cost of living with any city

📋SD Tenant Rights

Deposit limits, eviction laws & renters protections