4 tracked markets

Source: BNBCalc market metadata · Reviewed by Parker Place, CTO of BNBCalc.com · Data updated July 10, 2026

Best Airbnb Markets in South Dakota by Gross Yield

Aberdeen is the top South Dakota short-term rental market across Airbnb and Vrbo by gross yield, with 12.2% gross yield, $33,610 in average annual revenue, and 151 active listings.

Top gross yield

12.2%

Aberdeen

Median gross yield

10.0%

4 markets with yield data

Median annual revenue

$30.7K

Average listing revenue

Tracked markets

4

Statewide market coverage

Filter market rankings

Default rankings show all bedrooms at the average performance tier.

Bedroom count

Performance tier

Top 10 South Dakota Airbnb and Vrbo Markets

Aberdeen short-term rental market

#1

Aberdeen

For investors looking at Aberdeen, the market provides a 9.1% gross yield and a healthy average daily rate of $216. With only 144 active listings, competition is relatively low, though hosts must plan around a 31% occupancy rate to reach the $24,529 annual revenue average.

Yield

12.2%

Revenue

$33.6K

Listings

151

Rapid City short-term rental market

#2

Rapid City

Rapid City short-term rental investors can expect a 9.2% gross yield and a solid $293 ADR, yielding $36,716 in annual revenue. However, with 1,900 active listings and a 32% occupancy rate, buyers must stand out through superior property management to capture demand.

Yield

11.6%

Revenue

$46.6K

Listings

1,997

Mitchell short-term rental market

#3

Mitchell

Mitchell offers short-term rental investors a 6.7% gross yield and an average daily rate of $227. However, with a low occupancy rate of 23% across 166 active listings, properties here generate a modest annual revenue of $18,993, which requires careful expense management to ensure a profitable return.

Yield

8.5%

Revenue

$24.4K

Listings

177

Sioux Falls short-term rental market

#4

Sioux Falls

In Sioux Falls, short-term rental investors can expect a gross yield of 7.8% and a relatively low-competition environment with only 360 active listings. While the average daily rate of $174 generates a modest annual revenue of $26,545, the 39% occupancy rate highlights the need for effective marketing to maximize returns.

Yield

8.1%

Revenue

$27.7K

Listings

380

All South Dakota Short-Term Rental Markets

Every market below links to its full BNBCalc market page. Rankings use gross yield first, then annual revenue when yield is missing.

Active listings are Airbnb and Vrbo listings observed as active in the selected market metadata segment. The all-bedrooms view uses all active listings in that market; bedroom filters use the active listing count for the selected bedroom group.

RankMarketGross yieldAnnual revenueMonthly revenueADROccupancyListingsPurchase price
#1Aberdeen12.2%$33,610$2,801$21938%151$275,504
#2Rapid City11.6%$46,605$3,884$31035%1,997$401,490
#3Mitchell8.5%$24,427$2,036$22128%177$289,034
#4Sioux Falls8.1%$27,701$2,308$17639%380$343,089

How We Rank Markets

For US markets, BNBCalc ranks state market pages by gross yield: annual Airbnb and Vrbo short-term rental revenue divided by estimated property value. Gross yield is a fast way to compare market-level opportunity before operating expenses, financing, taxes, insurance, seasonality, and local rules.

  • Annual revenue uses ADR, adjusted occupancy, and estimated cleaning revenue when cleaning and stay data exists.

  • ADR is nightly-only and excludes cleaning fees and other guest fees.

  • Occupancy is adjusted occupancy of bookable nights, excluding host-blocked nights.

  • Gross yield uses annual revenue divided by estimated property value; it does not include operating expenses, financing, taxes, or local regulation risk.

Compare Rental Demand in South Dakota

For long-term rental context, compare statewide Section 8 Fair Market Rent data alongside short-term rental market performance.

Frequently Asked Questions About South Dakota Airbnb and Vrbo Markets