What is the average apartment size in Vermillion?

The average size for a Vermillion, SD apartment is 913 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Vermillion?

As of Jan / 2026, the average rent in Vermillion is $1,473 per month, a 3.72% increase from last years average of $1,420.

What is the average apartment size in Vermillion?

The typical apartment in Vermillion offers about 913 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Vermillion, SD Rental Market Trends

Q: What's the typical rent budget in Vermillion?

The typical rent budget in Vermillion ranges from $1,501 to $2,000 per month, with 48% of rentals in this range.

Q: Do most people rent or own in Vermillion?

In Vermillion, 57% of households rent while 43% own their homes, based on the latest U.S. Census data.

Last updated: February 19, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Vermillion is $1,473, a 3.72% increase compared to the previous year, when the average rent was $1,420.

One-bedroom apartments provide 433 square feet for $689, balancing privacy and affordability.

Two-beedroom units at $1,151 offer 899 square feet, perfect for roommates or small families.

Average rent in Vermillion, SD

Last updated: February 19, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,473	913 sq. ft.
Studio	n/a	n/a
1 Bed	$689	433 sq. ft.
2 Beds	$1,151	899 sq. ft.
3 Beds	n/a	n/a

Vermillion, SD rent trends

Rental prices in Vermillion, SD have increased by 3.72% over the past year. The average rent moved from $1,420 to $1,473.

What's the typical rent budget in Vermillion, SD?

The largest share of rentals in Vermillion, SD (48%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Vermillion, SD?

2,417 or 57% of the households in Vermillion, SD are renter-occupied while 1,798 or 43% are owner-occupied.

How Vermillion Compares to Other Cities

City	Average Rent
Vermillion	$1,473
Sioux Falls	$1,153
Black Hills	$1,354
Rapid City	$1,333
Mitchell	$1,097
Harrisburg	$1,314
Brookings	$1,200
Tea	$1,068
Aberdeen	$1,095
Watertown	$1,110
Box Elder	$1,527
Yankton, SD	$1,231

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Vermillion apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.