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Rent To Own Homes in Mitchell, SD

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Mitchell, SD Foreclosures

Current Market Conditions in Mitchell, SD as of June 2026?
Home values: +1.04% MoM; rent: +0.00% MoM.
How much do homes sell for in Mitchell, SD?
The average home price is currently $299,904.
In Mitchell, SD, how many homes are available?
There are currently 2 active home listings available in Mitchell.
What’s the average rental cost in Mitchell, SD?
The average rental price in Mitchell is $1,174.
What is the most expensive home in Mitchell?
The most expensive home sold in Mitchell had a price of $39,468,168.
What is currently the cheapest priced home in Mitchell, SD?
The cheapest home for sale in Mitchell is priced at $15,389.

Living in Mitchell, SD

Mitchell, South Dakota is a regional trade, education, and healthcare center along I-90 with recognizable attractions, steady local amenities, and investment appeal for buyers seeking a smaller Midwestern market.

Buyer vs Seller Market in Mitchell, SD

Median home value: $240,670 as of 2026-06-14.

Median rent: $1,150 as of 2026-06-14.

Home values: +1.04% MoM, +3.65% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Mitchell, SD

There are currently 6,200 real estate properties in Mitchell, SD, with a median automated valuation model (AVM) price of $240,670.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mitchell, SD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mitchell, SD, is $299,904.00, with the most expensive house in Mitchell, SD, topping out at $39,468,168.00 and the cheapest home in Mitchell, SD, clocking in at $15,389.00. In other words, there’s something for every potential homebuyer or savvy investor in Mitchell, SD!

Rent Prices In Mitchell, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mitchell, SD, is on a rollercoaster ride. The average rent price in Mitchell, SD, is $1,174.00. Indeed, when looking to rent in Mitchell, SD, you can expect to pay as little as $470.00 or as much as $2,120.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Mitchell, SD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mitchell, SD Rent To Own Homes


Mitchell, SD
Rent to Own homes Market

Listings  2

Price range
$15,389 – $39,468,168
Avg sale
$299,904
Rent range
$470 – $2,120
Avg rent
$1,174/mo

In Mitchell, SD, rent-to-own opportunities offer a path to homeownership with home values typically between $15,389 and $39,468,168, averaging around $299,904. Monthly rent payments commonly range from $470 to $2,120, with a typical payment near $1,174.

  • Active inventory: 2 rent-to-own properties currently available.
  • Buyer snapshot: Build equity while renting — purchase price locked near $299,904.
  • Renter snapshot: Monthly payments typically around $1,174/mo with option credit accruing.
At-a-glance: Avg home value: $299,904 • Avg monthly payment: $1,174/mo
FREE RENT-TO-OWN CHECKLIST

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HOW RENT-TO-OWN WORKS

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