Aberdeen, South Dakota Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Aberdeen, South Dakota rental market.
Aberdeen, South Dakota
Average Apartment Rent
$1,085
Y-o-Y Change in Average
Apartment Rent
2.9%
As of March 2026
Compared to a year ago, Aberdeen, South Dakota apartments have recorded a 2.9% rent increase.
Aberdeen, South Dakota Average apartment rent trend
Aberdeen, South Dakota Average Apartment Rent
Aberdeen, South Dakota Apartment rent ranges
At 52.31%, apartments priced $1,000 - $1,500 represent the bulk of Aberdeen, South Dakota rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 4.48%.
Aberdeen, South Dakota Housing tenure**
Renters take up 42% of Aberdeen, South Dakota real estate, occupying a total of 5,090 units, while homeowners live in 7,024 properties.
Median number of rooms of renter-occupied housing units**
3.8
Renter median household income**
$40,478
Average household size of renter-occupied housing units**
1.76
Rental vacancy rate**
9.5%
Aberdeen, South Dakota Renter-occupied housing units by no. of bedrooms**
There are 2,240 rentals in Aberdeen, South Dakota with 2 beds making up the highest share of the market, at 44%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 39 units. Overall, the median number of rooms in Aberdeen, South Dakota homes for rent is 3.8.
Aberdeen, South Dakota Renter-occupied units by age of householder**
Most condos for rent in Aberdeen, South Dakota are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 15 - 24 years age group (20%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 4%.
Aberdeen, South Dakota Renter-occupied housing units by family type**
Aberdeen, South Dakota Renter-occupied housing units by the presence of own children**
A total of 1,223 apartments for rent in Aberdeen, South Dakota, or 24% of all rentals are family households. Additionally, 16% of rental homes include children under the age of 18 – that’s 838 units. All in all, the median size of a renter-occupied household in Aberdeen, South Dakota is 1.76.
Aberdeen, South Dakota Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 20% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Aberdeen, South Dakota.
Aberdeen, South Dakota Renter-occupied units by year structure built**
The highest share of Aberdeen, South Dakota apartment rentals, namely 21% or 1,073 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (16%, 802 units), and the ones Built 2010 - 2019 (15%, 771 units).
Aberdeen, South Dakota Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Aberdeen, South Dakota renters (41%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Aberdeen, South Dakota condos for rent is 2018.
Aberdeen, South Dakota Renter-occupied housing units by vehicles available**
When it comes to transportation options, 57% of Aberdeen, South Dakota renters have 1 vehicle available per household, 22% of them have 2 vehicles available, and 16% have No vehicle available.
Aberdeen, South Dakota Means of transportation to work of householders living in renter-occupied housing units**
Aberdeen, South Dakota Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Aberdeen, South Dakota apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
