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City Report · SD

Aberdeen

Pop. 28,189·7th most expensive in South Dakota·One of the most affordable rental markets in the US
Median rent (all units)
$1,049/mo
Year-over-Year
Stable
Month-over-Month
+4.7%
vs US Median
-$916
Rising (Monthly)
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Most AffordableMost Expensive
Aberdeen · $1,049
More affordable than 97% of US cities · National median $1,965/mo
Affordability
20% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,049/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$42,000/yr
Local median income
$64,405/yr
Based on the 30%-of-income rule using Aberdeen's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$680
1 BR
$680
2 BR
$870
3 BR
$1,220
4 BR+
$1,470
Research median
$870/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$12,588/yr
At $1,049/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +4.7% MoM), not inventory.
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Demographics

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.

Population
28,189
Median income
$64,405
Median age
36.4
Renters
38.3%
Age distribution
22.4%
25.4%
23.1%
12.7%
16.4%
Under 1822.4%
18–3425.4%
35–5423.1%
55–6412.7%
65+16.4%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
82.3%
White82.3%
Black2%
Hispanic5.5%
Asian3.4%
Other6.8%
Education (25+)
29.2%
29.1%
35%
No HS diploma6.7%
HS diploma29.2%
Some college29.1%
Bachelor's+35%
Housing tenure
61.7%
38.3%
Owner61.7%
Renter38.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Aberdeen, SD has changed in 5 years

Income
$58,439 → $64,405
up 10.2%
Population
28,500 → 28,189
down 1.1%
Renter share
42.6% → 38.3%
-4.3 pts
Bachelor's+
32.9% → 35%
+2.1 pts
Median age
35.5 → 36.4
+0.9 yrs

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%.

Community

Discussions about Aberdeen

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View Aberdeen rent history (2015–2026) →
Salary vs rent

Can you afford rent in Aberdeen on your salary?

At $1,049/mo, how Aberdeen rent compares to typical pay (30% rule).

By apartment size

Aberdeen rent by bedroom count

Median rent for each apartment size in Aberdeen. Click any size for full breakdown.

Local insights

Tips for renters in Aberdeen

About renting in Aberdeen, SD

Last updated: July 20, 2026

The median rent in Aberdeen is $1,049/mo as of July 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%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Aberdeen an affordable city for renters?

Aberdeen is considered very affordable for renters. At $1,049/mo, rent takes approximately 20% of the local median household income ($64,405/yr). The standard benchmark is 30%. Aberdeen falls comfortably within that range.

How much income do you need to rent in Aberdeen?

To keep rent at or below 30% of gross income, you would need to earn at least $42,000/year (~$20/hour full-time) to afford the median rent of $1,049/mo in Aberdeen. The local median household income is $64,405/yr, meaning the typical Aberdeen household meets that threshold.

Is rent going up or down in Aberdeen?

Rent in Aberdeen has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Aberdeen rent compare to other cities in South Dakota?

Aberdeen is one of the more affordable cities in South Dakota for rent, ranking #7 out of 8 tracked cities at $1,049/mo.

What percentage of Aberdeen residents rent vs. own?

According to Census data, approximately 38.3% of Aberdeen households are renters, while 61.7% are owner-occupied. Aberdeen leans toward homeownership, which can mean a smaller rental inventory.

How does Aberdeen rent compare to the national average?

Aberdeen's median rent of $1,049/mo is $916 (47%) below the US national median of $1,965/mo. Within South Dakota, it ranks #7 out of 8 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $1,049/mo, rent takes ~20% of Aberdeen's median household income ($64,405/yr). The standard benchmark is 30%.

Aberdeen 20%Benchmark 30%
State income taxNone
Run the Aberdeen affordability calculator →
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Schools nearby

Public schools near Aberdeen, SD

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