What is the median rent in Platte, SD?
The median gross rent in Platte, SD is $832 (±$244) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 116 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Platte, the median gross rent went from $618 in 2015–2019 to $832 in 2020–2024 (+34.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $832 (±$244)
- Rented homes
- 116 (±46)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +34.6%
How much rent costs in Platte
| Monthly gross rent | Platte | Charles Mix County | South Dakota | United States |
|---|---|---|---|---|
| Less than $500 | 24.1% (±16.8 points) | 20.6% | 12.1% | 6.3% |
| $500 to $999 | 47.4% (±21.3 points) | 55.8% | 43.4% | 20.2% |
| $1,000 to $1,499 | 18.1% (±12.6 points) | 17.8% | 31.7% | 28.1% |
| $1,500 to $1,999 | 10.3% (±13.6 points) | 4.9% | 8.8% | 21.1% |
| $2,000 to $2,499 | 0.0% (±19.3 points) | 1.0% | 2.4% | 12.0% |
| $2,500 to $2,999 | 0.0% (±19.3 points) | 0.0% | 0.4% | 5.5% |
| $3,000 or more | 0.0% (±19.3 points) | 0.0% | 1.2% | 6.8% |
The most common range is $500 to $999, paid by 47.4% of renting households.
0.0% of rented homes in Platte cost $2,000 or more a month.
Platte against Charles Mix County, its state and the nation
| Platte | Charles Mix County | South Dakota | United States | |
|---|---|---|---|---|
| Median gross rent | $832 (±$244) | $704 (±$89) | $946 (±$11) | $1,413 |
| Rented homes paying rent | 116 (±46) | 676 (±81) | 106,634 (±2,031) | 42,849,984 |
In Platte, median gross rent is not measurably different from Charles Mix County ($704).
It is not measurably different from South Dakota ($946).
It is lower than the national figure ($1,413).
In Charles Mix County, Platte ranks 3 of 12 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 86 of 231.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Platte has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $618 (±$138) | $832 (±$244) | +34.6% | No measurable change after inflation |
| Households that rent | 23.1% (±7.8 points) | 29.3% (±8.6 points) | +6.2 percentage points | Not a measurable change |
| Rental vacancy rate | 9.5% (±9.8 points) | 8.0% (±12.2 points) | −1.5 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent across Charles Mix County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Lone Tree Township (Charles Mix County) | $1,156 (±$550) |
| 2 | Pickstown | $850 (±$457) |
| 3 | Platte | $832 (±$244) |
| 4 | Highland Township (Charles Mix County) | $763 (±$263) |
| 5 | Lake Andes | $762 (±$38) |
| 6 | Ravinia | $688 (±$373) |
| 7 | Wagner | $684 (±$127) |
| 8 (tie) | Lawrence Township (Charles Mix County) | $675 (±$420) |
| 8 (tie) | White Swan Township | $675 (±$543) |
Showing 9 of 12 places in Charles Mix County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Platte
What is the average rent in Platte, SD?
The Census Bureau publishes the median rather than the average: the median gross rent in Platte is $832 (±$244) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Platte?
In Platte, the median gross rent went from $618 in 2015–2019 to $832 in 2020–2024 (+34.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Platte cost more than $2,000 a month?
0.0% of rented homes in Platte have a gross rent of $2,000 or more a month, and 24.1% cost less than $500.
Is rent in Platte higher than in Charles Mix County?
In Platte, median gross rent is not measurably different from Charles Mix County ($704).
It is not measurably different from South Dakota ($946).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Platte city, South Dakota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Platte city, South Dakota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Platte city, South Dakota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Platte city, South Dakota (place:50260, in state:46).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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.
Figures last updated on .
Related
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- South Dakota landlord and tenant rules
- Housing across Charles Mix County
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- Housing data for every place in South Dakota