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Canton, SD Homes for Rent

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    $785 Per Month

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

    320 S Dakota St Unit 1, 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 first-floor walkup features hardwood floors throughout, complemented by hardwood cabinets, adding a touch of elegance to the space.The living room and dining room are bathed in natural light, thanks to the

    320 S Dakota St Unit 1, Canton, SD 57013
  • /13

    $900 Per Month

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

    115 N Kimball St Unit 11, 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

    115 N Kimball St Unit 11, 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 $842 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option.
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 $33,680 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 $842 per month in Canton, SD, renters typically need to show $2,526 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 23.9, 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, Augustana, Kingswood and Southeast Sioux Falls, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$842
Median Condo Rent
$843
How to Rent a Home