Average rent in Huron

Average rent in Huron,SD

In terms of the average rent in Huron, SD, it’s important to note that there has been a steady increase over the past few years. In 2020, the average rent was $700 per month, while in 2021 it rose to $750 per month. Looking ahead to 2023, it’s projected to be around $890 per month. Despite this upward trend, there are a few factors that are keeping the rates relatively affordable compared to neighboring cities. For example, Huron has a lower cost of living than many other parts of South Dakota, and there’s also a healthy supply of rental units available. Overall, while the average rent in Huron is on the rise, it still remains fairly reasonable compared to other cities in the region.

Average rent in Huron,SD for 1-bedroom

Over the years, the average rent for a 1-bedroom apartment in Huron, SD has significantly increased. In 2020, the average rent was $550, which rose to $600 in 2021. Looking ahead, it is projected that the average rent for a 1-bedroom apartment in Huron, SD will reach $650 by 2023. Despite this increase, however, there are many affordable housing options in the city, such as subsidized housing and low-income apartments. Furthermore, for those who are willing to search, it is possible to find great deals on rental properties in Huron, SD.

Average rent in Huron,SD for 2-bedroom

In 2023, the average rent for a 2-bedroom apartment in Huron, SD will be $1,050. This is a significant increase compared to the previous year, when the average rent was $1,000. Additionally, the 2023 average rent is almost double the amount compared to five years ago, when the average rent for a 2-bedroom apartment was $650. Despite this steep increase in rent prices, Huron remains an affordable city to live in compared to larger metropolitan areas nearby. Nevertheless, renters will have to prepare for higher housing costs in the coming years.

Average rent in Huron,SD for 3-bedroom

In 2023, the average rent in Huron, SD for a 3-bedroom residence is projected to be $1,200 per month. This represents a significant increase from the previous year, where the average rent was $1,050. Furthermore, compared to five years ago, the average rent has increased by a staggering 25% from $960 per month. However, despite this notable rise, Huron’s rental rates remain competitive and affordable relative to other regions in the state. Nevertheless, renters in Huron should stay vigilant in monitoring rental trends and explore their options to ensure that they aren’t overpaying for their living space. Therefore, careful and strategic decision-making is essential in navigating Huron’s current rental market.

Average rent in Huron,SD for studio

The average rent for a studio in Huron, SD has experienced substantial fluctuations over the past few years. In 2020, the cost of renting a studio apartment in this area was $700 per month. However, by 2021, the price increased to $750. Looking towards the future, by 2023, the average rental price for studios in Huron, SD is expected to reach a staggering $800 per month. Hence, it is clear that the cost of living in this area is on an upward trend, making it essential for renters to prioritize their budgets accordingly.

Average rent in Huron,SD for townhouse

In terms of the average rent for a townhouse in Huron, SD, there has been a notable increase in recent years. Looking ahead to 2023, forecasts suggest that the average rent for a townhouse in Huron will be around $1,150 per month, up from $950 in 2021 and $1,030 in 2022. Despite this upward trend in rental prices, it is important to note that Huron still remains an affordable option for those seeking townhouse living, particularly when compared to larger cities in the region. With that said, it is wise for renters to carefully consider their budgets and do their research before signing a lease.

Most expensive neighborhoods in Huron,SD

Huron, SD may be known for its affordability, but there are areas where the prices skyrocket. The most expensive neighborhoods in Huron include exclusive gated communities and waterfront estates surrounded by pristine nature. These areas boast high-end amenities such as tennis courts, clubhouses, and exceptional views of the surrounding countryside. Properties in these neighborhoods can cost upwards of half a million dollars, making them the symbol of luxury living in Huron. Despite their steep price tags, these exclusive areas offer peace, tranquility, and privacy, making them a worthy investment for those who can afford it.

Most affordable neighborhoods in Huron,SD

Huron, SD is a small town with a host of affordable neighborhoods to choose from. Some of the most popular and affordable neighborhoods in Huron, SD include Southtown, East Huron, and Northtown. Southtown is known for its cozy homes and quiet streets, while East Huron boasts a mix of single-family homes and apartments. Northtown is perfect for those looking for a suburban feel, with easy access to local amenities. All of these neighborhoods offer affordable housing options for families and individuals looking to settle down in this charming town.

Most popular neighborhoods in Huron,SD

Huron, South Dakota is a small town with a tight-knit community. There are a few neighborhoods that stand out as the most popular among residents. One of the most sought-after areas is southwest Huron. This neighborhood boasts tree-lined streets and is close to the local schools. Another popular neighborhood is northwest Huron, known for its spacious lots and quiet streets. Finally, the east side of Huron offers a mix of affordable homes and a convenient location close to downtown. No matter which neighborhood you choose, you’re sure to feel at home in Huron.

Comparison with other cities

1. Huron, SD – $890
2. Aberdeen, SD – $725
3. Sioux Falls, SD – $810
4. Brookings, SD – $825
5. Watertown, SD – $835
6. Mitchell, SD – $850
7. Pierre, SD – $855
8. Fargo, ND – $865
9. Bismarck, ND – $880
10. Minneapolis, MN – $1,265
11. Rapid City, SD – $880
12. Lincoln, NE – $900
13. Omaha, NE – $910
14. Des Moines, IA – $1,000
15. Kansas City, MO – $1,035

FAQ

Q: What is the average rent in Huron, SD in 2023?
A: The average rent in Huron, SD in 2023 is $890/month.

Q: Has the average rent in Huron, SD increased or decreased from previous years?
A: The average rent in Huron, SD has increased by 3.5% compared to the previous year, 2022.

Q: Are there any affordable apartments available in Huron, SD?
A: Yes, there are affordable apartments available in Huron, SD with rents ranging from $600 to $800/month.

Q: Is it possible to find a furnished apartment in Huron, SD?
A: Yes, there are some furnished apartments available in Huron, SD, although they may be a bit more expensive, with rents ranging from $1,000 to $1,500/month.

Q: What is the vacancy rate for apartments in Huron, SD?
A: The vacancy rate for apartments in Huron, SD in 2023 is relatively low, at around 4%.

Q: Are there any amenities included in Huron, SD apartments?
A: Depending on the apartment complex, amenities may include on-site laundry, fitness centers, swimming pools, and community rooms.

Q: Can I rent a pet-friendly apartment in Huron, SD?
A: Yes, there are some pet-friendly apartments available in Huron, SD, although some landlords may require an additional deposit or monthly fee for pets.

Q: What is the typical lease agreement term for apartments in Huron, SD?
A: Typically, lease agreements for apartments in Huron, SD are for a one-year term. However, some landlords may offer shorter or longer lease options depending on their policies.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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