Average Rent in Walworth County, SD↓ Rents falling 5.6% YoY🔻 2nd cheapest in SD
HUD FY2025 · Official government data · Updated annually · Metro pop. 5,298
Market Overview
Walworth County, SD has rental prices ranging from $598/month to $1,349/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $745/month — 47% below the national average of $1,400/month. With a median household income of $62,722/year, spending $745/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.
How Walworth County Compares
With an average 2-bedroom rent of $872/month, Walworth 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 Walworth County Rental Market
The Walworth County, SD area has a population of about 5,298 and 26% 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 Walworth County, SD have fallen by $52/month (5.6%) over the past year, from $924 to $872. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Walworth County, SD without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,800. The local median household income of $62,722 exceeds that threshold by $32,922, making Walworth County relatively accessible compared to local wages.
Economy & Jobs
Walworth County, SD has an unemployment rate of 2.2%, 1.7 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 Walworth 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 Walworth County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Walworth County data
Renting appears to be the better financial choice for this scenario.
Living in Walworth 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 Walworth CountySalary needed to afford rent here
🗺️All Cities in SDSee how Walworth County ranks statewide
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