Vermillion, SD Rental Market Trends
Last updated: August 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Vermillion is $1,471, a N/A compared to the previous year, when the average rent was .
One-bedroom apartments provide 657 square feet for $1,111, balancing privacy and affordability.
Two-bedroom units at $1,456 offer 1,004 square feet, perfect for roommates or small families.
Average rent in Vermillion, SD
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,471 | 909 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,111 | 657 sq. ft. |
| 2 Beds | $1,456 | 1,004 sq. ft. |
| 3 Beds | n/a | n/a |
Vermillion, SD rent trends
What's the typical rent budget in Vermillion, SD?
The largest share of rentals in Vermillion, SD (40%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Vermillion, SD?
2,500 or 58% of the households in Vermillion, SD are renter-occupied while 1,812 or 42% are owner-occupied.
How Vermillion Compares to Other Cities
| City | Average Rent |
|---|---|
| Vermillion | $1,471 |
| Sioux Falls | $1,170 |
| Black Hills | $1,351 |
| Rapid City | $1,338 |
| Aberdeen | $1,118 |
| Tea | $1,068 |
| Brookings | $1,217 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Vermillion apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.