Real Estate Investing in Piedmont, South Dakota

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 4,017 • Meade County

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Should you buy in Piedmont, SD? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.1% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $490,819
Avg Monthly Rent $1,224
ZIP Codes 1

Investing in Piedmont Real Estate

Piedmont, SD covers 1 ZIP codes and a population but the investment metrics here are thin — this is not a market to enter casually.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Piedmont is in that category.

Rent trends and price trends in Piedmont are both soft, which is the uncomfortable combination that defines distressed-leaning markets in South Dakota.

Population dynamics in Piedmont haven't been supportive. less favorable for combined with thin income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Rapid City, SD

Piedmont is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Piedmont, SD. Anonymous, moderated, never written by AI.

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Avg Home Value
$490,819
Avg Monthly Rent
$1,224
1% Rule
✗ Below
Landlord Friendly (SD)

📉 Market Crash Risk Index

Based on Rapid City, SD metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
61%
Days Pending
1/2
50 days

View all metro crash risk rankings →

❄️ Cool Market — Rapid City, SD metro
50
Days to pending
10.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Piedmont, SD

Screen every ZIP in Piedmont

Filter Piedmont’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Piedmont, SD

What do landlords charge for rent in Piedmont, SD?

Investors in Piedmont, SD typically see rents near $1,224/mo per month against $491K home values - a solid setup for rental cash flow.

Which investment style suits Piedmont, SD?

In Piedmont, SD the significant play is typically careful cash-flow rentals with hands-on management. The combination of $491K prices and $1,224/mo rents suits that approach.

What is the investability score for Piedmont, SD?

The 3.0/5 investability rating in Piedmont, SD reflects its $491K prices and $1,224/mo rents. Investors generally consider it a solid option within SD.

Does a duplex house hack pencil in Piedmont, SD?

House hacking in Piedmont, SD is reasonable to execute. Prices around $491K and rents of $1,224/mo solid owner-occupant economics.

Is it easy to find good tenants in Piedmont, SD?

Tenant quality in Piedmont, SD ranks as solid. Landlords generally report consistent occupancy at market rents of $1,224/mo.

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