Average Rent in Castlewood, SD (2026)
The average 1-bedroom rent in Castlewood, SD is $890/month as of 2026, based on HUD data across 1 ZIP codes. Rents have changed +17.1% year over year. Rents range from $890 to $890.
Average Rent · 1-Bedroom
$890/mo
Source: HUD Fair Market Rent · 1 zip codes
Year-over-Year
↑ +17.1%
Source: HUD Fair Market Rent
Data through
The average 1-bedroom rent in Castlewood, SD is $890/month according to HUD FY2026 Fair Market Rent data, covering 1 ZIP codes. Rents have increased 17.1% year-over-year. The average 1-bedroom rent in Castlewood is 26% below the national average of $1,196/month.
Average rent in Castlewood, SD ranges from $890 to $890 across 1 ZIP codes.
Based on HUD Fair Market Rent, a fair rent increase in Castlewood, SD is approximately 17.1% for 2026. An increase above 17.1% exceeds the local market trend and may be worth negotiating.
Key Facts
Sources: HUD Fair Market Rent, HUD SAFMR, Rentcast. Updated October 2025.
Market trend data is limited for this area. The analysis below uses federal rent benchmarks.
How much is rent in Castlewood, SD?
The average 1-bedroom rent in Castlewood, SD is $890/month as of 2026, based on HUD data across 1 ZIP codes. Rents across Castlewood are relatively uniform, clustering around $890/month. To afford this at the 30% rule, a household would need approximately $35,600/year.
Is rent going up in Castlewood?
Rents in Castlewood have increased 17.1% year over year based on HUD Fair Market Rent. This is a notably high rate of increase, indicating strong upward rent pressure in Castlewood.
What is a fair rent increase in Castlewood?
Based on HUD Fair Market Rent, a rent increase around 17.1% is in line with the Castlewood market for 2026. An increase above that level exceeds the local trend and may be worth pushing back on. Check your specific increase with RenewalReply's free rent analysis tool.
What Should Rent Cost in Castlewood?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in Castlewood typically rents for $810 – $931.
Rents above $1,071 are in the top 25% for this area.
A 1-bedroom in Castlewood typically rents for $890 – $1,096.
Rents above $1,260 are in the top 25% for this area.
A 2-bedroom in Castlewood typically rents for $1,170 – $1,346.
Rents above $1,548 are in the top 25% for this area.
A 3-bedroom in Castlewood typically rents for $1,540 – $1,771.
Rents above $2,037 are in the top 25% for this area.
A 4-bedroom in Castlewood typically rents for $1,550 – $1,782.
Rents above $2,049 are in the top 25% for this area.
Federal Rent Benchmarks for Castlewood
HUD Fair Market Rents are federal rent benchmarks published annually by HUD. They provide a consistent baseline for comparing rents across areas.
Studio
$810
HUD Fair Market Rent
1-Bedroom
$890
HUD Fair Market Rent
2-Bedroom
$1,170
HUD Fair Market Rent
3-Bedroom
$1,540
HUD Fair Market Rent
4-Bedroom
$1,550
HUD Fair Market Rent
Source: HUD SAFMR FY2026 · Updated
Zip Codes in Castlewood
Click any zip code for detailed rent data including zip-specific SAFMR rates, nearby comparables, and a free rent increase check.
HUD publishes a single Fair Market Rent for the entire Hamlin County, SD metro area. For zip-level variation, the tool uses additional data sources including real-time comparable listings and local market indices.
All zip codes in Castlewood share the same county-level HUD Fair Market Rent ($890 for 1-BR). Click any zip for SAFMR-specific rates.
County-level FMR shown in city summary above.
How Does Castlewood Compare?
Questions about rent in Castlewood
What is the average 1-bedroom rent in Castlewood, SD?
The average 1-bedroom fair market rent in Castlewood, SD is $890/month as of 2026, based on HUD rent data across 1 ZIP codes in the city. This is 26% below the national average of $1,196/month. Rents range from $890 to $890 depending on ZIP code.
What is a fair rent increase in Castlewood?
A rent increase up to about 17.1% is broadly in line with the recent market trend in Castlewood. Increases above that level are above trend and should be tested against neighborhood-level pricing and comparable rentals. The current average 1-BR rent is $890/month.
Are rents going up or down in Castlewood?
Rents in Castlewood have increased 17.1% year over year based on HUD Fair Market Rent. This reflects local market conditions across 1 ZIP codes in the Hamlin County, SD area.
How much do rents vary across Castlewood?
1-bedroom rents across Castlewood range from $890 to $890 on this page, a $0/month spread. This shows that rent can vary materially across ZIP codes within the same city, reflecting neighborhood-level differences in housing stock and demand.
Can my landlord raise my rent in Castlewood?
We could not identify a city-specific rent cap for Castlewood. Landlords must still follow applicable state and local notice rules before raising rent at lease renewal. Requirements vary — check your state's landlord-tenant statute for specifics on notice periods and timing.
How much should I spend on rent in Castlewood?
The general guideline is to spend no more than 30% of your gross income on rent. With average 1-bedroom rent in Castlewood at $890/month, a household would need approximately $35,600/year in gross income to afford this comfortably. Many renters in high-cost areas spend above this threshold — our free tool can help you assess whether your specific rent is fair for your ZIP code.
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Renter Tools
Browse Castlewood ZIP Codes
See rent data by ZIP code in this city.
Renter Guides
- How to Negotiate a Rent Increase →
A data-driven guide with free email templates for pushing back on your landlord.
- Rent Increase Laws in South Dakota →
See notice rules, caps, and tenant protections in South Dakota.
- What Should I Pay for Rent? →
How to compare rent prices and know if you're getting a fair deal.
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →