At $1,098/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,098 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent has risen 5 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($64,405) is $1,610 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,470).
From Zillow's monthly rent index (ZORI) for Aberdeen. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Aberdeen, SD is majority owner-occupied, has a median income below the national average, 35% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Aberdeen, SD has changed in 5 years
Median household income grew from $58,439 to $64,405 between 2021 and 2024, a 10.2% shift. Headcount in the area went from 28,500 to 28,189 between 2021 and 2024, a 1.1% change. About 38.3% of households rent today, against 42.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 32.9% to 35%.
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Can you afford rent in Aberdeen on your salary?
At $1,098/mo, how Aberdeen rent compares to typical pay (30% rule).
Aberdeen rent by bedroom count
Median rent for each apartment size in Aberdeen. Click any size for full breakdown.
Tips for renters in Aberdeen
Last updated: October 17, 2026
The median rent in Aberdeen is $1,098/mo as of October 2026. A studio apartment averages $680/mo while a 2-bedroom runs $870/mo. One-bedroom apartments average $680/mo and 3-bedroom units go for $1,220/mo.
At 20% of local median household income ($64,405/yr), Aberdeen ranks as affordable compared to the national benchmark of 30%. Rents have increased 13.6% over the past year.
Frequently asked questions
How much income do you need to rent in Aberdeen?
Is rent going up or down in Aberdeen?
How does Aberdeen rent compare to other cities in South Dakota?
Which nearby cities are cheaper to rent in than Aberdeen?
At $1,098/mo, rent takes ~20% of Aberdeen's median household income ($64,405/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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