Rentometer, Inc. | Data as of 12/04/2025
Located on the banks of the Missouri River, Pierre blends small‑town charm with the amenities of a state capital. Residents enjoy close proximity to historic attractions such as the South Dakota State Capitol, the vibrant downtown Riverfront Marketplace, and the expansive Oahe Dam recreation area. The city’s rental market reflects this balanced lifestyle, offering a range of modern apartments within walking distance of parks, cultural venues, and essential services. With a growing influx of young professionals and families drawn to the area’s low‑traffic streets and community‑focused events, demand for quality housing remains steady.
Apartment living dominates the local rental landscape, with one‑bedroom units averaging in the $1200s and median rents near the $1400 range, while two‑bedroom apartments typically command a $1500 average and median prices around the $1600 mark. These figures illustrate an affordable yet comfortable cost of living compared to many larger metros. Prospective renters can expect well‑maintained complexes featuring amenities such as on‑site fitness centers, pet‑friendly policies, and easy access to public transportation. The combination of competitive pricing, convenient location, and a welcoming community makes Pierre an attractive option for anyone seeking a vibrant yet relaxed urban experience in South Dakota.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,248 | $1,389 | $644 - $1,485 | $1,179 - $1,435 |
| Apartment | 2 Bedroom | $1,487 | $1,619 | $830 - $1,782 | $1,350 - $1,732 |
In the current period, the average rent in Pierre was
$1,249 for 1 Bedroom, and
$1,488 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.