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Newest Homes for Rent in Vermillion, SD

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  • /18

    Starting at $690 Per Month

    • 1 - 2 Beds

    400 Carr St, Vermillion, SD 57069

    Groomed park like setting near the University of South Dakota Campus, supermarkets, and other retail outlets. We are an Equal Housing Opportunity apartment complex.All ground level apartments, no stairs! Apartment community is a mix of USD students, graduate students, professionals and retired. Each apartment has its own front entrance and back entrance with assigned tenant parking in front.

    Saracen Courts

    (605) 659-7662

    400 Carr St, Vermillion, SD 57069
  • /28

    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

    (605) 220-5151

    1523 Roosevelt St, Vermillion, SD 57069
  • /15

    $800 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    412 Cottage Ave, Vermillion, SD 57069

    Amenities- 24 HR Emergency Maintenance Service- Garbage Paid by Owner- Lawn/Snow Care Provided by Owner- Off-Street Parking- Pet Friendly (Add $50 Pet Rent Per Pet)- Refrigerator- Stove/Oven- Three Blocks from Campus- Washer & Dryer in the Apartment Located three blocks from the University of South Dakota!

    412 Cottage Ave, Vermillion, SD 57069
  • /10

    $625 Per Month

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    925 Madison St, Vermillion, SD 57069

    Amenities- 24 HR Emergency Maintenance Service- Electric Paid by Owner- Garbage Paid by Owner- Heat Paid by Owner- Laundry Facilities- Lawn/Snow Care Provided by Owner- Three Blocks from Campus- Off-Street Parking- Refrigerator- Security Lights- Stove/Oven Located a three blocks from the University of South Dakota campus in Vermillion, SD.

    925 Madison St, Vermillion, SD 57069
  • /37

    $850 Per Month

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

    119 Elm St, Vermillion, SD 57069

    Amenities- 24 HR Emergency Maintenance Service- Garbage Paid by Owner- Off-Street Parking- Refrigerator- Security Lights- One Block From Campus- Stove/Oven Located on block from the University of South Dakota campus. This is a house split into three separate apartments. Lawn & snow is taken care of by the owner.

    119 Elm St, Vermillion, SD 57069
  • /48

    $1,400 Per Month

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • House for Rent

    415 E Clark St, Vermillion, SD 57069

    Discover comfortable living across the street from the University of South Dakota at 415 E Clark St, Vermillion, SD, a charming 3-bedroom, 2-bathroom single-family home spanning 1,400 sq ft. This residence features modern conveniences including air conditioning, hardwood flooring, a dishwasher, washer and dryer, refrigerator, range, linen closet, and spacious closets for ample storage. The

    415 E Clark St, Vermillion, SD 57069
  • /18

    Starting at $950 Per Month

    • 2 Beds

    711 N Plum St, Vermillion, SD 57069

    Discover Modern Comfort Just Steps from Campus at Plum Villa Apartments! The Demand for Apartments has never been higher, call TODAY!Located at 711 N Plum St in Vermillion, Plum Villa offers beautiful, newer 2-bedroom apartments perfect for University of South Dakota students and professionals. Just across the street from the North Complex and less than one block from campus, you’ll enjoy

    PLUM VILLA

    (605) 741-4064

    711 N Plum St, Vermillion, SD 57069

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 $790 per month, though prices vary by neighborhood, size, and property type. As of June 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 $31,600 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 $790 per month in Vermillion, SD, renters typically need to show $2,370 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 27.3, 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.

Rental Trends in Vermillion, SD

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$790
Median Single Family Home Rent
$625
Median Condo Rent
$800
How to Rent a Home