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Newest Homes for Rent in Canton, SD

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  • /12

    $925 Per Month

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

    215 E 3rd St Unit 2, Canton, SD 57013

    Check out this 2 bedroom 1 bathroom apartment in Canton SD!This garden level apartment, features large windows in the bedrooms and living room and a patio sliding door off the master bedroom to a lovely patio! The bathroom has shower/tub and toilet - the vanity and sink are in the hall to allow for multiple people to get ready at once! All utilities, except electric (and cable/internet),

    215 E 3rd St Unit 2, Canton, SD 57013
  • /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

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 $1,362 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 $54,480 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 $1,362 per month in Canton, SD, renters typically need to show $4,086 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 14.7, 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, Whittier and Southeast Sioux Falls, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,362
Median Single Family Home Rent
$1,800
Median Condo Rent
$925
How to Rent a Home