Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Pennington County, South Dakota?
County · Census ACS 5-Year estimates
The median gross rent in Pennington County, South Dakota is $1,120/month (±$40), based on Census ACS 5-Year estimates (2024). The median home value is $302,200 (±$9,091), and the median household income is $74,517/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Pennington County, South Dakota and Neighbouring Counties
Housing Metrics for Pennington County, South Dakota
| Metric | Value |
|---|---|
| Median Gross Rent | $1,120 |
| Median Home Value | $302,200 |
| Median Household Income | $74,517 |
| Total Housing Units | 46,370 |
| Renter-Occupied Units | 14,245 |
| Renter-Occupied Share | 31% |
| Households Paying 50%+ Income | 2,566 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $690 | -8.7% |
| 1 BR | $878 | +60.5% |
| 2 BR | $1,188 | +19.9% |
| 3 BR | $1,374 | +18.7% |
| 4 BR | $2,077 | +30.8% |
| 5+ BR | $1,336 | +81.5% |
How does Pennington County, South Dakota compare?
Median gross rent ranked against all counties in South Dakota.
Higher rent than 97% of counties in South Dakota · 3rd of 66
| # | County | Value |
|---|---|---|
| 1 | Meade County | $1,264 |
| 2 | Lincoln County | $1,260 |
| 3 | Pennington County(you are here) | $1,120 |
| … 60 more … | ||
| 64 | Harding County | $521 |
| 65 | Corson County | $496 |
| 66 | Jackson County | $442 |
More data for Pennington County, South Dakota
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Frequently asked questions
What is the average rent in Pennington County, South Dakota?
The median gross rent in Pennington County, South Dakota is $1,120/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 Pennington County, South Dakota?
The median rent for a 2-bedroom in Pennington County, South Dakota is $1,188/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$50. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Pennington County, South Dakota?
The median home value in Pennington County, South Dakota is $302,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Pennington County are rent-burdened?
In Pennington County, South Dakota, 2,566 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 Pennington County, South Dakota?
The median household income in Pennington County, South Dakota is $74,517/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 $1,120 has a margin of error of ±$40. In very small areas, MOEs can be large relative to the estimate.
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