4

Canton, SD Homes for Rent

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  • /29

    $1,595

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,308 Sq Ft
    • House for Rent

    411 S Dakota St, Canton, SD 57013

    Newly remodeled home in Canton! This home features a 2 bedroom, 1 bathroom in a quiet neighborhood with a large yard and detached one-stall garage. This home has been completely redone down to the studs - new windows, new electrical, new plumbing, new furnace and central air system. It features brand new upgraded kitchen cabinetry, solid 1-panel doors, tiled shower and flooring in bathroom,

    411 S Dakota St, Canton, SD 57013
  • /12

    $925 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    215 N Lincoln St Unit 7, Canton, SD 57013

    Check out this recently renovated 2 bedroom 1 bathroom apartment in Canton SD!Recently updated with newer fixtures, flooring, paint and more!This top level apartment, features large windows in the bedrooms and living room and a patio sliding door off the kitchen to a lovely deck! The bathroom has shower/tub and toilet - the vanity and sink are in the hall to allow for multiple

    215 N Lincoln St Unit 7, Canton, SD 57013
  • /11

    $725 Per Month

    • 2 Beds
    • 1 Bath
    • 650 Sq Ft
    • Condo for Rent

    320 S Dakota St Unit 3, Canton, SD 57013

    Welcome to your new home in Canton, SD! This vintage, recently rehabbed building offers a two-bedroom, one-bathroom apartment with an open floor plan that is sure to impress. The two-bedroom apartment features hardwood floors, complemented by hardwood cabinets, adding a touch of elegance to the space.The living provides plenty of room for relaxing or entertaining, along with walk out to a

    320 S Dakota St Unit 3, Canton, SD 57013
  • /5

    $1,700 Per Month

    • 3 Beds
    • 1 Bath
    • House for Rent

    1010 E 3rd St, Canton, SD 57013

    Fantastic and spacious 3 bed, 1 bath, 1 car garage with in unit laundry. This property offers 1 bedroom on the main floor with full bath and 2 bedrooms upstairs. Open concept kitchen dining with large living area.

    1010 E 3rd 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 $1,260 per month, though prices vary by neighborhood, size, and property type. As of June 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 $50,400 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 $1,260 per month in Canton, SD, renters typically need to show $3,780 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 15.9, 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, Central Sioux Falls, East Side, Augustana and Kingswood, each with its own character and price range.

Rental Trends in Canton, SD

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,260
Median Single Family Home Rent
$1,648
Median Condo Rent
$825
How to Rent a Home