Cheap Apartments for Rent in Hot Springs, SD
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Average Rent Trends in Hot Springs, SD
Rent in Hot Springs, SD varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $900 |
| Jul 2025 | $900 |
| Aug 2025 | $900 |
| Sep 2025 | $995 |
| Oct 2025 | $950 |
| Nov 2025 | $950 |
| Dec 2025 | $900 |
| Jan 2026 | $900 |
| Feb 2026 | $900 |
| Mar 2026 | $900 |
| Apr 2026 | $900 |
| May 2026 | $900 |
Average Rent By Bedroom and Home Type
In May 2026, Houses were the most affordable home type to rent compared with Apartments and Condos.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $750 | $695 | $1,200 | — | $900 |
| Apartments and Condos | $750 | $900 | $1,200 | — | $950 |
| Houses | — | $695 | — | — | $695 |
Frequently Asked Questions about Rentals in Hot Springs, SD
- What is the average rent in Hot Springs, SD?The average rent in Hot Springs, SD is $900. Rent prices range from $695 to as much as $1,200, depending on the type of rental.
- How does the rent in Hot Springs, SD compare to the national average?Average rent in Hot Springs, SD is about 53% lower than the national average rent of $1,910. That means it is less expensive to rent in Hot Springs compared to the U.S. average.
- What is the average rent in Hot Springs, SD, by number of bedrooms?The average rent in Hot Springs, SD is $950 for a studio, $750 for a 1 bedroom, $695 for a 2 bedroom, $1,200 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices in Hot Springs, SD changed compared to last year?In the past year, the average rent price in Hot Springs, SD has decreased by $30. That means the average rent is 3% lower than last year.
- How many available rental listings are in Hot Springs, SD?There are 5 available rental listings in Hot Springs, SD.
- What are some zip codes in Hot Springs, SD?
- What are some cities near Hot Springs, SD?