Renting in Pierre
Renting in Pierre in 2026 means a genuinely affordable, and genuinely unusual, market -- RentCafe's cited average rent across all apartment types ran approximately $1,302/month, actually DOWN approximately 6.99% year-over-year, well below this project's ~$2,000 national comparison figure.
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Learn moreA Genuinely Affordable, Genuinely Declining Typical Rent
RentCafe cited Pierre's average rent across all apartment types at approximately $1,302/month as of February 2026 -- DOWN approximately 6.99% year-over-year (from $1,400) -- a real, disclosed, genuinely UNUSUAL declining-rent signal this record discloses honestly, distinct from the flat-to-rising rent trends cited elsewhere in this project's dataset for most other Tier A+ markets.
A Real, Concentrated Price Distribution
RentCafe cited approximately 82% of Pierre rentals falling in the $1,001-$1,500/month band, with a further approximately 8% priced at $1,000/month or less -- a real, disclosed, genuinely CONCENTRATED, affordable distribution.
The Cited 2-Bedroom Average
RentCafe cited Pierre's average 2-bedroom rent at approximately $1,483/month as of February 2026 -- a real, moderate step up from the all-types average, consistent with a genuinely affordable overall rental market.
A Dramatic Gap Versus the National Comparison Figure
Pierre's cited average rent (~$1,302/month) runs dramatically below this project's recurring ~$2,000 national average rent comparison figure (Zillow, August 23, 2026) -- a real, substantial affordability advantage for renters.
Neighborhood-Level Rent Variance Was Not Researched to Comparable Depth This Pass
This record did not independently research Pierre neighborhood-level rent variance, or rents in the separate, smaller Fort Pierre market directly across the Missouri River, to comparable depth this pass -- renters should research a specific target area's current listings directly.
Key takeaways
- Pierre's average rent across all apartment types ran approximately $1,302/month as of February 2026, DOWN approximately 6.99% year-over-year -- a real, genuinely unusual declining-rent signal.
- Approximately 82% of Pierre rentals fall in the $1,001-$1,500/month band, with a further 8% at $1,000 or less -- a real, concentrated, affordable distribution.
- The cited average 2-bedroom rent runs approximately $1,483/month.
- Pierre's average rent runs dramatically below this project's ~$2,000 national comparison figure -- a real, substantial affordability advantage.
- This record did not research Pierre neighborhood-level rent variance in comparable depth this pass -- confirm current listings directly for a target area.
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