How much is a 2-bedroom apartment in Hot Springs, SD?

Name: Rent by bedrooms in Hot Springs, SD, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

In Hot Springs, SD, the median gross rent for a two-bedroom home is $1,047 (±$94) a month (2020–2024 American Community Survey, table B25031).

A one-bedroom home rents for a median of $438 (±$194).

A three-bedroom home rents for a median of $1,375 (±$119).

HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Fall River County, SD is $1,289.

Figures last updated on November 12, 2026.

1 bedroom: $438 (±$194)
2 bedrooms: $1,047 (±$94)
3 bedrooms: $1,375 (±$119)

Rent by bedroom count in Hot Springs

Median gross rent by number of bedrooms, estimate (90% margin of error)
	Hot Springs	Fall River County	South Dakota	United States
1 bedroom	$438 (±$194)	$426 (±$195)	$774 (±$19)	$1,235
2 bedrooms	$1,047 (±$94)	$1,046 (±$95)	$987 (±$15)	$1,407
3 bedrooms	$1,375 (±$119)	$1,237 (±$168)	$1,169 (±$32)	$1,584

A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.

Census rents against HUD’s Fair Market Rent, fiscal year 2027

Dollars a month; the Fair Market Rent is for the Fall River County, SD
	Census median, this place	HUD Fair Market Rent
1 bedroom	$438 (±$194)	$985
2 bedrooms	$1,047 (±$94)	$1,289
3 bedrooms	$1,375 (±$119)	$1,616

A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.

The two answer different questions and are not expected to match.

Median gross rent, 2 bedrooms in places near Hot Springs

Nearest places with a published estimate, compared with Hot Springs
Place	Distance	Median gross rent, 2 bedrooms	Compared with this place
Hot Springs	—	$1,047 (±$94)	—
Custer	25 mi	$920 (±$171)	Not measurably different
Hermosa	32 mi	$1,300 (±$263)	Not measurably different
Keystone	33 mi	$850 (±$282)	Not measurably different
Hill City	36 mi	$1,536 (±$446)	Higher
Rapid City	47 mi	$1,206 (±$56)	Higher

Nearby places with a measurably higher figure: Hill City, SD ($1,536), Rapid City, SD ($1,206).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

What you can do on Seayora in Hot Springs

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Hot Springs, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Hot Springs beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Hot Springs, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Hot Springs

How much is a one-bedroom apartment in Hot Springs?

The median gross rent for a one-bedroom home in Hot Springs, SD is $438 (±$194) a month (2020–2024 American Community Survey).

How much is a two-bedroom apartment in Hot Springs?

The median gross rent for a two-bedroom home in Hot Springs, SD is $1,047 (±$94) a month (2020–2024 American Community Survey).

How much does a three-bedroom rental cost in Hot Springs?

The median gross rent for a three-bedroom home in Hot Springs, SD is $1,375 (±$119) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) for Hot Springs city, South Dakota (place:30220, in state:46).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.