4

Vermillion, SD Houses for Rent

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  • /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
  • /26

    $1,700 Per Month

    • 4 Beds
    • 2 Baths
    • House for Rent

    1203 E Cherry St, Vermillion, SD 57069

    1203 E Cherry 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
  • /2

    $1,450 Per Month

    • 3 Beds
    • 3 Baths
    • 1,150 Sq Ft
    • House for Rent

    1309 E Clark St, Vermillion, SD 57069

    3 bedoom, 3 bath large open floor plan. Washer and dryers in each unit.

    1309 E Clark St, Vermillion, SD 57069

Frequently Asked Questions

How much does it cost to rent a single-family home in Vermillion, SD?
The median rent for a single-family home in Vermillion, SD is $1,450 per month, though prices vary by neighborhood, size, and property type. As of June 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 Vermillion, SD?
To comfortably afford the median rent in Vermillion, SD, a household needs to earn roughly $34,000 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 $850 per month in Vermillion, SD, renters typically need to show $2,550 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 25.4, 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 Houses for Rent
4
Median Single Family Home Rent
$1,450
Median 3 Bedroom Single Family Home Rent
$1,450
Median 4 Bedroom Single Family Home Rent
$1,700
How to Rent a Home