10Bedrock
545 Northern Lights Blvd,
Box Elder, SD 57719
Studio - 2 Beds | $1,225 - $1,735
Rental Market Trends in Box Elder, SD
What is the average rent in Box Elder, SD?
$1,277/month
Average Rent
689 Sq Ft
Average Apartment Size
-0.9%
Decrease in the Last Year
As of December 2024, the average rent in Box Elder, SD is $1,277 per month. This is 18% lower than the national average rent of $1,560/month, making renting in Box Elder more affordable than most cities in the US. When you rent an apartment in Box Elder, you can expect to pay about $955 per month for a studio, $1,277 for a one-bedroom apartment, and around $1,401 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,809 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Box Elder, SD?
In the past year, rent has decreased by 0.9%, which averages out to $11 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Box Elder, SD
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
17%
Below $700/month
0%
$700 - $1,000/month
50%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Box Elder, SD?
Because the average rent in Box Elder is $1,277, you’ll want to make about $4,256 per month or $51,072 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Box Elder, SD compare to other nearby cities and neighborhoods?
Use the tool below to compare Box Elder, SD to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
Apartment communities in Box Elder we think you'll love
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.