What's the average rent in Lake Norden, SD?
Rental Market Trends in Lake Norden, SD
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Lake Norden, SD is $1,300 per month, which is 32% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,300
20.9%$225 increase month-over-month
-14.5%-$220 decrease year-over-year
AVAILABLE RENTALS
5
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Lake Norden, SD at $1,075 per month, while townhomes are the most expensive at $1,725 per month. Houses average $1,595 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $989 |
| 2 Bedrooms | $1,075 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | — |
| All | $1,300 |
As of May 2026, the average rent for a 1 bedroom rental in Lake Norden, SD is $989 per month, followed by $1,075 for a 2 bedroom rental, and $1,300 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,075 |
| 3 Bedrooms | $1,725 |
| 4 Bedrooms | — |
| All | $1,725 |
As of May 2026, the average rent for a 2 bedroom townhome in Lake Norden, SD is $1,075 per month, followed by $1,725 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,595 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,595 |
As of May 2026, the average rent for a 2 bedroom house in Lake Norden, SD is $1,595 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -29% compared to the previous year, which is a $445 decrease.
This year (2026)
Last year (2025)
Rent distribution
83% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $950 to $1,725.
