Apartments for rent in South Dakota, except for two-bedroom units, are less expensive than the national average. The price of a studio averages $513 per month, which is $512 below the national average. The price of a one-bedroom averages $767 per month, which is $297 below the national average. Larger South Dakota apartment rentals follow the same trends. The price of a two-bedroom averages $1143 per month, which is $87 above the national average. The price of a three-bedroom averages $897 per month, which is $448 below the national average.

If you're searching for an South Dakota apartment rental you should know that the trends vary depending on which city or county you're looking at. The most expensive South Dakota apartments for rent are in Madison, Daphne, and Birmingham. The lowest rent apartments in South Dakota are in Rapid City, North Sioux City, and Sioux Falls.

Economy:
South Dakota has one of the lowest gross state products in the country, but that's not so bad because it has some of the lowest population and unemployment rates to match. The state still relies heavily on agriculture as a major economic engine, though its efforts to diversify the economy have led to increasing corporate presence from companies like Citibank, which uses it as a base for its national operations. Tourism is strong in South Dakota, particularly in the Black Hills mountain region and Mount Rushmore.

Noteworthy:
South Dakota has recently experienced a significant population redistribution away from its rural areas and toward its cities, which are growing as fast as its rural counties are shrinking.