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ZIP Code · SD

ZIP 57301

Part of Mitchell, SD
Pop. 19,104·Davison County·16th most expensive ZIP in South Dakota
Median rent (all units)
$972/mo
Year-over-Year
Stable
Month-over-Month
+1.1%
vs US Median
-$993
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 57301 · $972
More affordable than 98% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$640
1 BR
$710
2 BR
$930
3 BR
$1,290
4 BR+
$1,560
Research median
$930/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
$11,664/yr
At $972/mo median
Location
StateSD
CountyDavison County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 57301 (Mitchell, SD) is majority owner-occupied, has a large retiree population, has a median income below the national average, 22.9% of residents hold a bachelor's degree or higher.

Population
19,104
Median income
$65,620
Median age
39.7
Renters
38.4%
Age distribution
23.7%
19.8%
22.8%
12.5%
21.2%
Under 1823.7%
18–3419.8%
35–5422.8%
55–6412.5%
65+21.2%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
89.7%
White89.7%
Black0.5%
Hispanic5.1%
Asian0.5%
Other4.2%
Education (25+)
33.6%
34.7%
22.9%
No HS diploma8.7%
HS diploma33.6%
Some college34.7%
Bachelor's+22.9%
Housing tenure
61.6%
38.4%
Owner61.6%
Renter38.4%

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

2021 vs 2026

How ZIP 57301 in Mitchell, SD has changed in 5 years

Income
$50,508 → $65,620
up 29.9%
Population
18,643 → 19,104
up 2.5%
Renter share
37.9% → 38.4%
+0.5 pts
Bachelor's+
23.3% → 22.9%
-0.4 pts
Median age
39.2 → 39.7
+0.5 yrs

Household income in the area moved from $50,508 to $65,620 across the same window, up 29.9% versus 2021. Census counts show ZIP 57301 in Mitchell, SD adding about 461 residents over the five-year window, up 2.5% on net.

Community

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Local insights

Tips for renters in ZIP 57301

About renting in ZIP 57301

Last updated: July 20, 2026

ZIP code 57301 covers Mitchell, SD. The median rent here is $972/mo as of July 2026. A 1-bedroom rents for a median of $710/mo. A 2-bedroom rents for a median of $930/mo.

At 18% of local median household income ($65,620/yr), ZIP 57301 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 is rent in ZIP code 57301?

As of July 20, 2026, the median monthly rent in ZIP 57301 (Mitchell, SD) is $972. This is based on aggregated data from public sources and community submissions.

How does ZIP 57301 rent compare to the US average?

ZIP 57301's median rent of $972/mo is $993 (51%) below the US national median of $1,965/mo.

How does ZIP 57301 compare to other ZIPs in South Dakota?

ZIP 57301 is among the more affordable ZIP codes in South Dakota, ranking #16 out of 16 ZIPs at $972/mo.

How much income do you need to rent in ZIP 57301?

To keep rent at or below 30% of gross income, you would need to earn at least $39,000/year (~$19/hour full-time) to afford the median rent of $972/mo in ZIP 57301. The local median household income is $65,620/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 57301?

Rent in ZIP 57301 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 57301 an affordable place to rent?

ZIP 57301 is considered very affordable for renters. At $972/mo, rent takes approximately 18% of the local median household income ($65,620/yr). The standard benchmark is 30%. ZIP 57301 falls comfortably within that range.

What percentage of ZIP 57301 residents rent vs. own?

According to Census data, approximately 38.4% of ZIP 57301 households are renters, while 61.6% are owner-occupied. ZIP 57301 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 57301 compare to the rest of Mitchell?

ZIP 57301 sits right at the Mitchell citywide median of $972/mo.

When was rent data for ZIP 57301 last updated?

Rent data for ZIP 57301 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $972/mo, rent takes ~18% of ZIP 57301's median household income ($65,620/yr). The standard benchmark is 30%.

ZIP 57301 18%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 57301 (Mitchell, SD)

Recent submissions

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