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City Report · SD

Aberdeen

Pop. 28,189·8th most expensive in South Dakota·Aberdeen rents are up 28.8% over the past year
Median rent (all units)
$1,082/mo
Year-over-Year
+28.8%
Month-over-Month
+3.1%
vs US Median
-$880
Rising (Monthly)
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Most AffordableMost Expensive
Aberdeen · $1,082
More affordable than 96% of US cities · National median $1,962/mo
Affordability
20% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,082/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$43,000/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
Fair Market Rent (HUD)
$870/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,082 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 →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$12,984/yr
At $1,082/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 28.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+28.8% YoY, +3.1% 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

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

Can you afford rent in Aberdeen on your salary?

At $1,082/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: August 17, 2026

The median rent in Aberdeen is $1,082/mo as of August 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 28.8% over the past year.

FAQ

Frequently asked questions

Is Aberdeen an affordable city for renters?

Aberdeen is considered very affordable for renters. At $1,082/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 $43,000/year (~$21/hour full-time) to afford the median rent of $1,082/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 increased 28.8% over the past year as of August 2026, putting upward pressure on renter budgets.

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 #8 out of 10 tracked cities at $1,082/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 $1,082/mo is $880 (45%) below the US national median of $1,962/mo. Within South Dakota, it ranks #8 out of 10 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $1,082/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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Public schools near Aberdeen, SD

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