1

Canton, SD Home for Rent

Section Image
  • /24

    $1,800 Per Month

    • 4 Beds
    • 2 Baths
    • 1,750 Sq Ft
    • House for Rent

    304 W 12th St, Canton, SD 57013

    Discover this charming ranch style home in Canton, SD, offering the perfect blend of small town comfort and modern updates. This spacious 4 bedroom, 2 bath home features a convenient layout with one bathroom on the main floor and another in the newly finished basement. Enjoy a generous yard perfect for outdoor activities, plus a 2 stall garage for ample parking and storage. Located in a quiet

    304 W 12th St, Canton, SD 57013

Why Live in Canton

Canton, South Dakota, founded in 1861, is a small community with a population of just over 3,000 people, located within the Sioux Falls metropolitan area. The town boasts a rich history, with a significant influx of Norwegian immigrants in its early years, contributing to its cultural fabric. Canton features a mix of midcentury homes, renovated vintage properties, and new developments, with architectural styles ranging from Craftsman and Traditional Folk to contemporary custom builds. The median home price is notably lower than the national average, making it an affordable option for homebuyers. The Canton Parks and Recreation Department maintains several green spaces, a public pool, athletic fields, and the Hiawatha Golf Club. Just 6 miles south, Newton Hills State Park offers hiking, biking, fishing, and horseback riding. The Canton School District serves local students, with Lawrence Elementary being a highly rated option. Downtown Canton is characterized by historic brick buildings housing specialty shops, cafés, and restaurants, such as Laurie's Café and Sioux Valley Grille. For larger shopping needs, residents often travel 19 miles to Sioux Falls. Annual events like the Sioux River Folk Festival and Christmas in Canton foster a strong sense of community. Major roads like Highway 18 and Route 11 provide convenient access to Sioux Falls, 24 miles away, and the Sioux Falls Regional Airport, 28 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Canton, SD?
The median rent for a home in Canton, SD is $1,350 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Canton, SD?
To comfortably afford the median rent in Canton, SD, a household needs to earn roughly $54,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,350 per month in Canton, SD, renters typically need to show $4,050 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Canton, SD?
In Canton, SD, the price-to-rent ratio is 14.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Canton, SD are best for renting a home?
The best neighborhood for renting in Canton, SD depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Southwest Sioux Falls, East Side, Central Sioux Falls, Augustana and Downtown Sioux Falls, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,350
Median Single Family Home Rent
$1,800
Median Condo Rent
$900
How to Rent a Home