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Newest Homes for Rent in Canton, SD

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    $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

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 $825 per month, though prices vary by neighborhood, size, and property type. As of July 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 $33,000 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 $825 per month in Canton, SD, renters typically need to show $2,475 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 24.3, 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 Kingswood, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$825
Median Condo Rent
$825
How to Rent a Home