States › South Dakota › Pierre

Is Pierre, SD expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,19332% lower than U.S. average
💵 Families earn per year (2026)$83,769about $6,981/month · 4% lower than U.S. average
🔑 House price$230,70031% lower than U.S. average

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.

Pierre
$1,193
$1,233
$1,291
$1,684
$1,271

How much do households earn in Pierre?

Under $25k
11.0%
$25k–50k
23.8%
$50k–100k
35.5%
$100k–150k
16.0%
$150k+
9.2%

Share of households by yearly income. 25.2% of households earn $100,000 or more.

Rent by apartment size in Pierre

SizePierreU.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).

Housing
68
Goods (food, clothes…)
95
Utilities
80
Other services
92
U.S. average
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

🏛️ Property tax$2,632a year · 1.14% of home value · U.S. $3,119
⚡ Electric bill$152a month (typical) · U.S. $156

Life in Pierre

Commute to work13.3 minU.S.: 26.4 min
College degree39%U.S.: 35.7%
Own their home68.6%U.S.: 65.2%
Below poverty line10.1%U.S.: 12.5%
Unemployment1.2%U.S.: 5.2%

Is it cheaper to rent or buy in Pierre?

Renting is cheaper right now: about $408 a month less.

Renting
$1,193
Owning
$1,601

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.