What's the average rent in Lead, SD?

Rental Market Trends in Lead, SD

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Lead, SD is $1,400 per month, which is 27% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,400
0.7%
$10 increase month-over-month
-6.0%
-$90 decrease year-over-year

AVAILABLE RENTALS

21

APARTMENTS

$2,081

HOUSES

$8,130

TOWNHOUSES

$1,400
As of May 2026, townhomes are the most affordable rental option in Lead, SD at $1,400 per month, while houses are the most expensive at $8,130 per month. Apartments average $2,081 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$995
2 Bedrooms$1,250
3 Bedrooms$2,900
4 Bedrooms$3,500
All$1,400
As of May 2026, the average rent for a 1 bedroom rental in Lead, SD is $995 per month, followed by $1,250 for a 2 bedroom rental, $2,900 for a 3 bedroom rental, and $3,500 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -13% compared to the previous year, which is a $190 decrease.
This year (2026)
Last year (2025)

Rent distribution

74% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $750 to $2,900.
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