Milbank, SD rental market
Last updated August 10, 2025
Rental market summary
The average rent for all bedrooms and all property types in Milbank, SD is $950.
$950
+$54
+$250
3
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $896 to $2,600.
| Rent price | Number of rental properties |
|---|---|
| $800 | 1 |
| $900 | 1 |
| $2,500 | 1 |
| $2,600+ | 1 |
Average rent price over time
In the last year, rent has increased by $250 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jul | $679 | $896 |
| Aug | $700 | $800 |
| Sep | $700 | $896 |
| Nov | $900 | $896 |
Market temperature
The Milbank, 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 Milbank, SD is 55% lower than the national average.
$950
$2,100
Rent in Milbank, 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 Milbank, SD
Frequently asked questions
1. What is the average rent in Milbank, SD?
The average rent in Milbank, SD is $950.
2. How much does it cost to rent a house in Milbank, SD?
Houses in Milbank, SD rent between $896 - $2,600 with an average rent of $950.
3. How has the rent in Milbank, SD changed in the last year?
In the last year, the rent in Milbank, SD increased by $250
4. How much has the rent in Milbank, SD increased/decreased in the last month?
In the last month, the rent in Milbank, SD increased by $54
5. How many available rentals are there in Milbank, SD?
There are currently 3 rentals available in Milbank, SD.
6. How do rent prices in Milbank, SD compare with the national average?
The average rent in Milbank, SD is $950 — 54.76% lower the national average of $2,100.