Apartments for Rent in Vermillion, SD

Prices and availability in Vermillion, SD were last updated on 27 May 2026.

The best apartment in Vermillion, SD is: Saracen Courts.

The average rent in Vermillion, SD is $1,277.

In Vermillion 58% of the housing is rented out compared to 42% of homes are owned, according to the most recent Census Bureau estimates. 6% of Vermillion's apartments are found in large buildings of 50 units or more, 82% are located in smaller apartment complexes with less than 50 units, and 11% are single-family rentals.

The average age of rental buildings in Vermillion is 27 years old, with 51% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Vermillion come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 33% of the total apartments in the city, while 2-bedroom floorplans represent around 29% of all rentals in Vermillion. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.