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Newest Homes for Rent in Lead, SD

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  • 744 Prospect Ave Unit 111, Lead, SD 57754
    744 Prospect Ave Unit 111, Lead, SD 57754
    744 Prospect Ave Unit 111, Lead, SD 57754
    /4

    $1,250

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    744 Prospect Ave Unit 111, Lead, SD 57754

    Nice condo with a separate bathroom for each bedroom. Located in heart of lead! Ground floor with walkout patio door. 1 assigned parking spot that is located right out your patio door. Call with any questions!

    744 Prospect Ave Unit 111, Lead, SD 57754
  • 212 May St, Lead, SD 57754
    212 May St, Lead, SD 57754
    212 May St, Lead, SD 57754
    /41

    $2,200 Per Month

    • 5 Beds
    • 2 Baths
    • 2,235 Sq Ft
    • House for Rent

    212 May St, Lead, SD 57754

    Charming fully furnished home in the heart of Lead, SD! This 5-bedroom, 2-bath getaway offers stunning views from every window and blends modern updates with historic character. Step out onto the beautiful back porch that opens to an ideal outdoor entertaining space. The property also features a garage with workshop space for added convenience.Fully furnished, washer and dryer included,

    212 May St, Lead, SD 57754
  • 744 Prospect Ave Unit 111, Lead, SD 57754
    744 Prospect Ave Unit 111, Lead, SD 57754
    744 Prospect Ave Unit 111, Lead, SD 57754
    /4

    $1,250

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    744 Prospect Ave Unit 111, Lead, SD 57754

    Nice condo with a separate bathroom for each bedroom. Located in heart of lead! Ground floor with walkout patio door. 1 assigned parking spot that is located right out your patio door. Call with any questions!

    744 Prospect Ave Unit 111, Lead, SD 57754
  • 312 Grandview Dr Unit 1, Lead, SD 57754
    312 Grandview Dr Unit 1, Lead, SD 57754
    312 Grandview Dr Unit 1, Lead, SD 57754
    /8

    $1,150

    Total Monthly Price

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

    312 Grandview Dr Unit 1, Lead, SD 57754

    REMODELED - Sanford Labs2 Bedroom Spacious ApartmentGreat View with Lawn & Patio Located next to Lead ParkOn-Site LaundryReserved Parking.

    312 Grandview Dr Unit 1, Lead, SD 57754
  • 1002 Gold Spike Dr, Deadwood, SD 57732
    1002 Gold Spike Dr, Deadwood, SD 57732
    1002 Gold Spike Dr, Deadwood, SD 57732
    /34

    Starting at $1,200 Per Month

    • 1 - 3 Beds

    1002 Gold Spike Dr, Deadwood, SD 57732

    **WE ARE OFFICIALLY OPEN!** The Deadwood Ridge Apartments are located on Hwy 85 1 mile north of the Deadwood Lodge Casino. This location is ideal for Deadwood employees with a trolly stop, or only 10 min commute to Spearfish. The Deadwood Ridge Apartments offer a prime location, upscale finishes &modern appliances, and breathtaking views. Future plans will include larger deluxe

    Deadwood Ridge Apartments

    1002 Gold Spike Dr, Deadwood, SD 57732
South Dakota Lawrence County

Newest Homes for Rent in Lead, SD

Frequently Asked Questions

How much does it cost to rent a home in Lead, SD?
The median rent for a home in Lead, SD is $1,250 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 Lead, SD?
To comfortably afford the median rent in Lead, SD, a household needs to earn roughly $50,000 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 $1,250 per month in Lead, SD, renters typically need to show $3,750 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 Lead, SD?
In Lead, SD, the price-to-rent ratio is 32.0, 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.

Rental Trends in Lead, SD

There are currently 5 homes available for rent in Lead, SD. The median rent is $1,250 per month, with single-family homes renting at $2,200 and condos at $1,250.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,250
Median Single Family Home Rent
$2,200
Median Condo Rent
$1,250
How to Rent a Home

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