Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 57701, South Dakota?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 57701, South Dakota (ZIP 57701) is $961/month (±$87), based on Census ACS 5-Year estimates (2024). The median home value is $251,200 (±$10,576), and the median household income is $56,461/year. The unemployment rate in Pennington County, South Dakota was 1.7% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 57701
| Metric | Value |
|---|---|
| Median Gross Rent | $961 |
| Median Home Value | $251,200 |
| Median Household Income | $56,461 |
| Total Housing Units | 18,803 |
| Renter-Occupied Units | 7,376 |
| Renter-Occupied Share | 39% |
| Households Paying 50%+ Income | 1,646 households |
| Unemployment Rate(April 2026) | 1.7% |
How does ZIP 57701 compare?
Median gross rent ranked against all ZIP codes in South Dakota.
Higher rent than 80% of ZIP codes in South Dakota · 49th of 244
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 57706 | $1,738 |
| 2 | ZCTA5 57003 | $1,591 |
| 3 | ZCTA5 57703 | $1,385 |
| … 45 more … | ||
| 49 | ZCTA5 57701(you are here) | $961 |
| … 192 more … | ||
| 242 | ZCTA5 57340 | $319 |
| 243 | ZCTA5 57639 | $243 |
| 244 | ZCTA5 57560 | $213 |
Geography
ZIP 57701 is in Pennington County, South Dakota.
It covers part of Rapid City city, South Dakota.
More data for ZCTA5 57701
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Frequently asked questions
What is the average rent in ZCTA5 57701, South Dakota?
The median gross rent in ZCTA5 57701, South Dakota (ZIP 57701) is $961/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 57701, South Dakota?
The median rent for a 2-bedroom in ZCTA5 57701, South Dakota is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 57701, South Dakota?
The median home value in ZCTA5 57701, South Dakota (ZIP 57701) is $251,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 57701 are rent-burdened?
In ZCTA5 57701, South Dakota, 1,646 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 57701, South Dakota?
The median household income in ZCTA5 57701, South Dakota is $56,461/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $961 has a margin of error of ±$87. In very small areas, MOEs can be large relative to the estimate.
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