67

Vermillion, SD Homes for Rent

Section Image
  • /35

    Starting at $979 Per Month

    • Studio - 2 Beds

    1523 Roosevelt St, Vermillion, SD 57069

    Welcome to Solara, luxury apartments in Vermillion, SD. Ideally located just minutes from downtown and the University of South Dakota, Solara offers refined living in a setting that feels both connected and serene. All units, from studios to two-bedroom apartments, feature granite countertops, spacious interiors, and modern appliances. Every detail is crafted to blend upscale comfort with

    Solara

    1523 Roosevelt St, Vermillion, SD 57069
  • /6

    $1,550 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,250 Sq Ft
    • Townhouse for Rent

    4 W Clark St, Vermillion, SD 57069

    Property Id: 2786846 Spacious 3-bedroom, 1.5-bath duplex in a great Vermillion location, close to both the USD campus and downtown. The home features a spacious layout with plenty of living space, three bedrooms, and a garage. Convenient location makes it easy to get to campus, downtown, restaurants, and shopping. • 3 bedrooms • 1.5 bathrooms • Garage • Spacious

    4 W Clark St, Vermillion, SD 57069
  • /10

    $875

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • House for Rent

    502 N Dakota St, Vermillion, SD 57069

    Washer and dryer included. Directly across the street from the College. Centrally located to grocery, restaurants and convenience stores. This apartment is in the basement.

    502 N Dakota St, Vermillion, SD 57069
  • /4

    $900 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    311 E National St, Vermillion, SD 57069

    2 bedroom, 1 bath, main floor bedrooms and living room have hardwood floors. Updated full bath. Unit has a full unfinished basement with washer and dryer. Side by Side duplex, located 3 blocks from USD and 3 blocks from downtown.

    311 E National St, Vermillion, SD 57069
  • /10

    $1,700 Per Month

    • 3 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • House for Rent

    408 S Yale St, Vermillion, SD 57069

    Available Aug 1, 2026, this 3 bed, 2 bath cute cottage is located close to Prentis Park and the University of South Dakota. Hardwood floors in the two upstairs bedrooms, stainless steel appliances and tile backsplash in the kitchen. Cute 3 bed, 2 bath home in historic neighborhood. Home was remodeled in 2022 with new kitchen, new bath, new carpet and new paint. Central air. Two-car parking

    408 S Yale St, Vermillion, SD 57069
  • /7

    $950 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    1119 W Clark St Unit 201, Vermillion, SD 57069

    Clean, Comfortable and convenient living on this second level 2 bed, 1 bath, private apartment. Includes private washer and dryer, SGD to deck, bright living area with functional kitchen layout for simple low maintenance living with great convenience. Clean, Comfortable and convenient living on this second level 2 bed, 1 bath, private apartment. Includes private washer and dryer, sliding

    1119 W Clark St Unit 201, Vermillion, SD 57069
  • /10

    $1,200 Per Month

    • 4 Beds
    • 2 Baths
    • House for Rent

    120 W Dartmouth St, Vermillion, SD 57069

    Cute 4 bedroom 2 bath home located close to USD and Vermillion Grade Schools. Fenced Backyard. Single family home, new vinyl plank in kitchen and main floor bath. Tenant is reasonable for yard and snow removal. Tenant also pays all utilities.

    120 W Dartmouth St, Vermillion, SD 57069
  • /16

    $800 Per Month

    • 2 Beds
    • 2 Baths
    • 720 Sq Ft
    • House for Rent

    421 Prentis Ave, Vermillion, SD 57069

    Located at 421 Prentis Avenue, five blocks from USD campus.

    421 Prentis Ave, Vermillion, SD 57069
  • /7

    $1,150 Per Month

    • 3 Beds
    • 1.5 Baths
    • 800 Sq Ft
    • Condo for Rent

    419 Adams St Unit 100, Vermillion, SD 57069

    Spacious 3 bedroom 1 1/2 bath apartment. In unit washer and dryer, Large pantry, shared patio. Close to City Park. 4 plex - Four 3 bedroom units, patios and decks. Good parking.

    419 Adams St Unit 100, Vermillion, SD 57069

Why Live in Vermillion

Vermillion, South Dakota, is a lively college town known for its walkable and bikeable environment, with a variety of shops, restaurants, and museums easily accessible from residential areas. The University of South Dakota, with nearly 10,000 students, significantly influences the town's dynamic atmosphere. Local employment opportunities at Sanford Health and Polaris Industries attract both graduates and new residents. Vermillion offers an outdoor lifestyle with amenities such as The Bluffs, an 18-hole golf course, and around 90 acres of parkland, including Prentis Park with its renovated pool and water slide. The National Music Museum on the USD campus is a cultural highlight, featuring an extensive collection of instruments and live music events. Housing options in Vermillion range from apartments and historic homes near the USD campus to new constructions in areas like Bliss Pointe and Jack Powell Addition. The town's Main Street, recently renovated, hosts a variety of local businesses, dining options, and entertainment venues, with events like Thursdays on the Platz showcasing local music and cuisine. Vermillion's crime rates are below state and national averages, contributing to its appeal. The town is well-connected with public transportation, including bus routes to Sioux Falls and Sioux City, and is about 45 miles from Sioux Gateway Airport.

Frequently Asked Questions

How much does it cost to rent a home in Vermillion, SD?
The median rent for a home in Vermillion, SD is $950 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Vermillion, SD?
To comfortably afford the median rent in Vermillion, SD, a household needs to earn roughly $38,000 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 $950 per month in Vermillion, SD, renters typically need to show $2,850 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 Vermillion, SD?
In Vermillion, SD, the price-to-rent ratio is 23.7, 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.

Rental Home Trends

Number of Homes for Rent
9
Median Rent
$950
Median Single Family Home Rent
$800
Median Condo Rent
$1,050
How to Rent a Home