Apartments for Rent in Spearfish, SD

Prices and availability in Spearfish, SD were last updated on 26 Jun 2026.

The best apartment in Spearfish, SD is: Hollow Gulch.

The average rent in Spearfish, SD is $1,008.

The price range for a studio apartment in Spearfish, SD is between $999 and $1,399.

The price range for a 1-bedroom apartment in Spearfish, SD is between $999 and $1,908.

The price range for a 2-bedroom apartment in Spearfish, SD is between $999 and $1,908.

In Spearfish, 50% of the residents are renting compared to 50% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 7% of Spearfish's rentals, 65% are small-scale complexes with under 50 units, and 20% are single-family rentals.

The average age of rental buildings in Spearfish is 33 years old, with 34% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Spearfish come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 47% of the total apartments in the city, while 2-bedroom floorplans represent around 50% of all rentals in Spearfish. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.