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Rent in Vermillion, SD

A 2-bedroom in Vermillion, SD (ZIP 57069) typically rents for about $826 a month, with a range of $826–$1,022. Owner-occupied homes in Clay County pay about 1.26% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Vermillion, SD by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$437$437–$7121
1 bed$706$706–$8211
2 beds$826$826–$1,0221
3 beds$1,051$1,051–$1,4151
4 beds$1,286$1,286–$1,7081

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Vermillion ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Vermillion, SD?
About $826 a month: the median of the typical rents in 1 ZIP code, which range from $826–$1,022. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Vermillion, SD?
About $706 a month: the median of the typical rents in 1 ZIP code, which range from $706–$821. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Vermillion, SD?
About $1,051 a month: the median of the typical rents in 1 ZIP code, which range from $1,051–$1,415. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Vermillion, SD?
About $437 a month: the median of the typical rents in 1 ZIP code, which range from $437–$712. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Vermillion, SD?
About $1,286 a month: the median of the typical rents in 1 ZIP code, which range from $1,286–$1,708. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Vermillion, SD?
Owner-occupied homes in Clay County pay a typical 1.26% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Vermillion rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).