Rent is lower than in 76% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 13.3 minutes.
How much money do I need?
To rent here comfortably, you should earn about $47,720 a year. That is $23 an hour at a full-time job.
Is rent cheaper than other South Dakota cities?
Yes. Rent here is cheaper than in most of South Dakota. It is number 7 of 19 cities from cheapest to most expensive.
How much do households earn in Pierre?
Share of households by yearly income. 25.2% of households earn $100,000 or more.
Rent by apartment size in Pierre
| Size | Pierre | U.S. average |
|---|---|---|
| Studio | $863 | $1,338 |
| 1 bedroom | $965 | $1,324 |
| 2 bedrooms | $1,120 | $1,509 |
| 3 bedrooms | $1,195 | $1,698 |
| 4 bedrooms | $1,428 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Pierre overall?
Everyday prices in South Dakota overall are 11% below the U.S. average (index 88.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Pierre, so the South Dakota figure is shown.
Taxes and bills in Pierre
Life in Pierre
Is it cheaper to rent or buy in Pierre?
Renting is cheaper right now: about $408 a month less.
Owning assumes a typical $230,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,070 for the down payment.
Frequently asked questions
What is the average rent in Pierre, SD?
Renting in Pierre costs a median of about $1,193 a month in 2026, including utilities. The South Dakota median is $1,271.
How much do I need to make to live in Pierre?
To keep rent under 30% of income, you need about $47,720 a year, or $23 an hour at a full-time job.
Is Pierre cheap or expensive?
Pierre is rated Cheap: rent takes 17.1% of the typical household income of $83,769. It ranks 7th cheapest of 19 South Dakota cities we track.
How much are property taxes in Pierre?
The median homeowner in Pierre pays $2,632 a year in property taxes, about 1.14% of the median home value.
Is Pierre more expensive than the national average?
Overall prices in South Dakota are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Pierre?
The median home value in Pierre is $230,700, about 2.8 times the typical yearly household income.
13,948 people live in Pierre. Numbers are typical (middle) values.