Rent in 57068 (Valley Springs, SD)
In ZIP 57068 (Valley Springs, SD), a 2-bedroom typically rents for $921–$1,228 a month, 25% below the Minnehaha County Fair Market Rent of $1,228. Other sizes: studio $941, 1 bed $1,044, 3 beds $1,214–$1,694, 4 beds $2,053. Owner-occupied homes in Minnehaha County pay about 1.14% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Range | Best guess | County FMR |
|---|---|---|---|
| Studio | $941 | $941 | $941used above |
| 1 bed | $1,044 | $1,044 | $1,044used above |
| 2 beds | $921–$1,228 | $921 | $1,22825% below |
| 3 beds | $1,214–$1,694 | $1,214 | $1,69428% below |
| 4 beds | $2,053 | $2,053 | $2,053used above |
- Studio: HUD Fair Market Rent (county) $941 (Oct 1, 2026)
- 1 bed: HUD Fair Market Rent (county) $1,044 (Oct 1, 2026)
- 2 beds: Census ACS 5-year median gross rent $921 ±$121 (Dec 31, 2024); HUD Fair Market Rent (county) $1,228 (Oct 1, 2026)
- 3 beds: Census ACS 5-year median gross rent $1,214 ±$171 (Dec 31, 2024); HUD Fair Market Rent (county) $1,694 (Oct 1, 2026)
- 4 beds: HUD Fair Market Rent (county) $2,053 (Oct 1, 2026)
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).
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Frequently asked questions
- What is the rent for a 2-bedroom in 57068?
- Typically $921–$1,228 a month, with a best guess of $921. That is 25% below the Minnehaha County Fair Market Rent ($1,228).
- What is the rent for a 1-bedroom in 57068?
- $1,044 a month, the HUD Fair Market Rent for Minnehaha County; there is no ZIP-level figure for 57068.
- What is the rent for a 3-bedroom in 57068?
- Typically $1,214–$1,694 a month, with a best guess of $1,214. That is 28% below the Minnehaha County Fair Market Rent ($1,694).
- What is the rent for a studio in 57068?
- $941 a month, the HUD Fair Market Rent for Minnehaha County; there is no ZIP-level figure for 57068.
- What is the rent for a 4-bedroom in 57068?
- $2,053 a month, the HUD Fair Market Rent for Minnehaha County; there is no ZIP-level figure for 57068.
- What is the property tax rate in ZIP 57068?
- Owner-occupied homes in Minnehaha County pay a typical 1.14% 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 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do the 57068 rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).