City Report · SD

Tea

Pop. 6,786·7th most expensive in South Dakota·One of the most affordable rental markets in the US
Median rent (all units)
$1,165/mo
Year-over-Year
Stable
Month-over-Month
-0.6%
vs US Median
-$767
Reported rents
Falling (Monthly)
Be the first to discuss Tea rents ↓
Most AffordableMost Expensive
Tea · $1,165
More affordable than 93% of US cities · National median $1,932/mo
Affordability
12% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,165/mo, rent takes about 12% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$47,000/yr
Local median income
$120,139/yr
Based on the 30%-of-income rule using Tea's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$860
1 BR
$1,010
2 BR
$1,180
3 BR
$1,620
4 BR+
$1,980
Fair Market Rent (HUD)
$1,180/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,165 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

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($120,139) is $3,003 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,980).

From Zillow's monthly rent index (ZORI) for Tea. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$13,980/yr
At $1,165/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.6% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Tea, SD is majority owner-occupied, has a large share of families with children, has a median income above the national average, 47.1% of residents hold a bachelor's degree or higher.

Population
6,786
Median income
$120,139
Median age
30.6
Renters
20.3%
Age distribution
36.3%
20.1%
35.4%
Under 1836.3%
18–3420.1%
35–5435.4%
55–642.7%
65+5.5%
Gender
52.8%
47.2%
Male52.8%
Female47.2%
Race & ethnicity
89.4%
White89.4%
Black5.4%
Hispanic0.7%
Asian1.4%
Other3.2%
Education (25+)
12.1%
39.6%
47.1%
No HS diploma1.3%
HS diploma12.1%
Some college39.6%
Bachelor's+47.1%
Housing tenure
79.7%
20.3%
Owner79.7%
Renter20.3%

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

2021 vs 2026

How Tea, SD has changed in 5 years

Income
$91,544 → $120,139
up 31.2%
Population
5,535 → 6,786
up 22.6%
Renter share
34.5% → 20.3%
-14.2 pts
Bachelor's+
42% → 47.1%
+5.1 pts

Median household income climbed from $91,544 to $120,139 between 2021 and 2024, a 31.2% shift. Census counts show Tea, SD adding about 1,251 residents over the five-year window, up 22.6% on net. The renter share has eased from 34.5% to 20.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 42% to 47.1% across the same window.

Community

Discussions about Tea

No discussions yet. Start the conversation.

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

Can you afford rent in Tea on your salary?

At $1,165/mo, how Tea rent compares to typical pay (30% rule).

By apartment size

Tea rent by bedroom count

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

Local insights

Tips for renters in Tea

About renting in Tea, SD

Last updated: October 17, 2026

The median rent in Tea is $1,165/mo as of October 2026. A studio apartment averages $860/mo while a 2-bedroom runs $1,180/mo. One-bedroom apartments average $1,010/mo and 3-bedroom units go for $1,620/mo.

At 12% of local median household income ($120,139/yr), Tea ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Tea?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (about $23/hour full-time) to afford the median rent of $1,165/mo in Tea. The local median household income is $120,139/yr, so the typical household meets that bar.

Is rent going up or down in Tea?

Rent in Tea has been roughly flat over the past year, a 0.0% change.

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

Tea is one of the more affordable among South Dakota cities for rent, ranking #7 of 8 tracked cities at $1,165/mo.

Which nearby cities are cheaper to rent in than Tea?

Nearby cities with lower median rent than Tea ($1,165/mo) include Vermillion ($813/mo).
Income Affordability
12%
VERY AFFORDABLE

At $1,165/mo, rent takes ~12% of Tea's median household income ($120,139/yr). The standard benchmark is 30%.

Tea 12%Benchmark 30%
State income taxNone
Run the Tea affordability calculator →
Lowest-rent ZIP codes in Tea
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Tea, SD

Recent submissions

Be the first to submit your rent for Tea.

Recent discussions

No discussions yet.