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Box Elder, SD Home Values and Rents
The typical home value in Box Elder is $367,063, 9th highest of 73 cities and towns in South Dakota. Median rent is $1,450 a month.
- Typical home value
- $367,063
- 9th of 73 in SD
- Median rent
- $1,450/mo
- Zillow observed rent
- Price change, 1 year
- +2.4%
- Sep 2026
- Homeownership
- 48.2%
- SD: 68.6%
Typical home value in Box Elder
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Box Elder |
|---|---|
| Sep 2026 | $367,063 |
| Dec 2025 | $363,614 |
| Dec 2024 | $355,069 |
| Dec 2023 | $346,046 |
| Dec 2022 | $339,680 |
| Dec 2021 | $305,193 |
| Dec 2020 | $252,531 |
| Dec 2019 | $231,861 |
| Dec 2018 | $218,124 |
| Dec 2017 | $209,771 |
| Dec 2016 | $200,006 |
| Dec 2015 | $193,557 |
| Dec 2014 | $185,722 |
| Dec 2013 | $181,002 |
| Dec 2012 | $170,711 |
Over five years, Box Elder prices changed +25.9%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Rapid City, SD HUD Metro FMR Area
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $996 | +8.1% |
| 1 bedroom | $1,093 | +7.4% |
| 2 bedrooms | $1,430 | +7.0% |
| 3 bedrooms | $1,833 | +5.2% |
| 4 bedrooms | $2,390 | +9.7% |
Frequently asked questions
- What is the typical home value in Box Elder, SD?
- The typical home value in Box Elder is $367,063 (Zillow Home Value Index, Sep 2026). The South Dakota median is $257,400.
- How much is rent in Box Elder?
- The median rent in Box Elder is $1,450 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,430.
- Are home prices going up in Box Elder?
- The typical home value in Box Elder changed +2.4% over one year and +25.9% over five years, as of Sep 2026.
- How does Box Elder compare with the rest of South Dakota?
- Box Elder has the 9th highest median home value of 73 cities and towns with 1,000+ residents in South Dakota.