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Studio Apartment for Rent in Pierre, SD

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    Starting at $974 Per Month

    • Studio - 2 Beds

    1616 Abbey Rd, Pierre, SD 57501

    Abbey Road Apartments beckons you to experience luxury living at its finest. Now open, this stylish residential haven is designed to elevate modern life. Offering a range of studio, one bedroom, and two bedroom apartments for rent, Abbey Road caters to diverse lifestyles with spacious floor plans and high end finishes. Residents will enjoy premium amenities such as a state of the art fitness

    Abbey Road Apartments

    (605) 597-7818

    1616 Abbey Rd, Pierre, SD 57501

Why Live in Pierre

Pierre, the capital of South Dakota, is a small city with around 14,000 residents, known for its government jobs and proximity to the Missouri River. The area is ideal for outdoor enthusiasts, offering ample opportunities for hunting and fishing. Homes in Pierre are typically bungalows and ranch-style, with many properties featuring large yards and land listings outside the city center. The median home price is significantly lower than the national average, attracting new residents, especially since the COVID-19 pandemic. Pierre boasts nearly 100 acres of parkland and over 50 miles of trails, with Griffin Park providing campsites, pickleball courts, and a riverfront beach. Farm Island State Park is another local attraction, popular for hunting, fishing, and boating. The South Dakota Discovery Center in downtown Pierre offers interactive science exhibits for children. The Pierre School District, including Buchanan Elementary and T.F. Riggs High School, is highly rated. Dining options feature several steakhouses, Mexican restaurants, and typical fast-food chains, with Walmart dominating local shopping. For more extensive shopping, residents often travel to nearby Sioux Falls, Rapid City, or Bismarck. The city experiences all four seasons, with hot summers and cold winters. Crime rates have decreased in recent years, making it safer than the national average. Transportation options include U.S. Highway 83, River Cities Public Transit, and Pierre Regional Airport, which offers routes to Denver. Annual events like Oahe Days and Christmas at the Capitol add to the community's charm.

Frequently Asked Questions

How much does it cost to rent a home in Pierre, SD?
The median rent for a home in Pierre, SD is $925 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Pierre, SD?
To comfortably afford the median rent in Pierre, SD, a household needs to earn roughly $37,000 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 $925 per month in Pierre, SD, renters typically need to show $2,775 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 Pierre, SD?
In Pierre, 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.

Rental Home Trends in Pierre, SD

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$925
Median Condo Rent
$925
How to Rent a Home