ZIP Code · SD

ZIP 57301

Part of Mitchell, SD

Pop. 19,104·Davison County·17th most expensive ZIP in South Dakota

Median rent (all units)

$960/mo

Year-over-Year

Stable

Month-over-Month

+1.5%

vs US Median

-$972

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 57301 · $960

More affordable than 98% of US ZIP codes · National median $1,932/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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($65,620) is $1,641 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,560).

From Zillow's monthly rent index (ZORI) for ZIP 57301. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$11,520/yr

At $960/mo median

Location

CityMitchell

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, +1.5% 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: September 25, 2026

ZIP code 57301 covers Mitchell, SD. The median rent here is $960/mo as of September 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 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 $38,000/year (about $18/hour full-time) to afford the median rent of $960/mo in ZIP 57301. The local median household income is $65,620/yr, so the typical household meets that bar.