Lake Preston, SD rental market
Last updated August 29, 2025
Rental market summary
The average rent for all bedrooms and all property types in Lake Preston, SD is $1,475.
$1,475
$0
+$420
2
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,475 to $1,600.
| Rent price | Number of rental properties |
|---|---|
| $1,400 | 1 |
| $1,500 | 1 |
| $1,600+ | 1 |
Average rent price over time
In the last year, rent has increased by $420 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $2,000 | $1,600 |
| Feb | $1,600 | $1,475 |
| Mar | $855 | $1,475 |
| Apr | $1,600 | $1,475 |
| May | $1,600 | $1,475 |
| Jun | $1,600 | $1,475 |
| Jul | $1,600 | $1,475 |
| Aug | $1,055 | $1,475 |
| Sep | $1,055 | No data |
| Oct | $1,600 | No data |
| Nov | $1,600 | No data |
| Dec | $1,475 | No data |
Market temperature
The Lake Preston, SD rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Lake Preston, SD is 30% lower than the national average.
$1,475
$2,100
Rent in Lake Preston, SD
We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.
Post a rental listing
Rent trends near Lake Preston, SD
Frequently asked questions
1. What is the average rent in Lake Preston, SD?
The average rent in Lake Preston, SD is $1,475.
2. How much does it cost to rent a house in Lake Preston, SD?
Houses in Lake Preston, SD rent between $1,475 - $1,600 with an average rent of $1,475.
3. How has the rent in Lake Preston, SD changed in the last year?
In the last year, the rent in Lake Preston, SD increased by $420
4. How much has the rent in Lake Preston, SD increased/decreased in the last month?
In the last month, the rent in Lake Preston, SD did not change.
5. How many available rentals are there in Lake Preston, SD?
There are currently 2 rentals available in Lake Preston, SD.
6. How do rent prices in Lake Preston, SD compare with the national average?
The average rent in Lake Preston, SD is $1,475 — 29.76% lower the national average of $2,100.