9

Summerset, SD Homes for Rent

Section Image
  • /16

    Starting at $1,225 Per Month

    • 2 Beds

    7277 Independence St, Summerset, SD 57718

    Come experience the beauty of the Black Hills and the relaxing atmosphere at Summerset Village. These apartments are set in the Black Hills giving you the feeling of being in the country yet just minutes away from Rapid City and the Sturgis areas. These apartments offer assigned parking, washer and dryer in each unit and are pet friendly. Accepting one pet under 50 pounds with current shot

    Summerset Village

    7277 Independence St, Summerset, SD 57718
  • /35

    Starting at $1,075 Per Month

    • 1 - 3 Beds

    11350 Sturgis Rd, Summerset, SD 57718

    Come experience the beauty of the black hills in the relaxing atmosphere of Summerset Heights. Summerset Heights is an apartment community located in the heart of Summerset, SD. Construction of the third building in this complex has just recently finished, these apartments are available for rent. These spacious apartments offer assigned parking, washer and dryer in each unit, decks/balconies,

    Summerset Heights

    11350 Sturgis Rd, Summerset, SD 57718
  • /25

    $2,450 Per Month

    • 4 Beds
    • 3 Baths
    • 1,934 Sq Ft
    • House for Rent

    6587 Cambridge Place, Summerset, SD 57718

    Kahler Property Management is offering this beautiful 4 bed, 3 bath split foyer that was built in 2008 and offers 1,934 square feet of living space with a triple car garage! This home features gas heat, central air, washer and dryer hookups, a fenced-in back yard, and a sprinkler system! All of our properties are SMOKE FREE!Sorry, NO PETS!Tenant is responsible for all utilities,

    6587 Cambridge Place, Summerset, SD 57718

Why Live in Summerset

Summerset, located in Meade County, South Dakota, is a small city with approximately 3,000 residents. Incorporated in 2005, it is one of the state's newest cities, known for its premium housing. The city features contemporary split-level and ranch-style homes with modern amenities, scenic views, and neatly spaced lots, typically no larger than a quarter of an acre. Home prices range from the $370,000s to the $550,000s, with a median price in the $450,000s. Summerset is situated near the Black Hills, offering lush greenery and outdoor activities such as hiking and camping at sites like Black Hills Station and Lazy Acre. Piedmont City Park, a few miles north, provides playground equipment and picnic areas. For shopping, residents often head to Rapid City, about 12 miles south, where they can visit Uptown Rapid Mall and grocery stores like Lynn’s Dakotamart. Dining options include Neighbors Grub and Pub in Summerset and J.R.’s BBQ Pit in nearby Black Hawk. Summerset students attend schools in the Meade School District, with Sturgis Brown High School recognized for its athletic programs. The city is also close to the Sturgis Motorcycle Rally, a major event attracting half a million visitors annually. However, residents should be aware of the severe risk of wildfires due to dry conditions and high temperatures.

Frequently Asked Questions

How much does it cost to rent a home in Summerset, SD?
The median rent for a home in Summerset, SD is $2,220 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Summerset, SD?
To comfortably afford the median rent in Summerset, SD, a household needs to earn roughly $88,800 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 $2,220 per month in Summerset, SD, renters typically need to show $6,660 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 Summerset, SD?
In Summerset, SD, the price-to-rent ratio is 16.0, 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.
What neighborhoods in Summerset, SD are best for renting a home?
The best neighborhood for renting in Summerset, SD depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include East Rapid City, Southeast Rapid City, North Rapid City, West Rapid City and Downtown Rapid City, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,220
Median Single Family Home Rent
$2,220
How to Rent a Home