SD landlord resources
Tea rental market
Rental-market planning in Tea, South Dakota, with state-law references and operating examples.
Dataset review pending. These supplied references have not been independently verified. Educational information only, not legal, tax or financial advice.
The local rental snapshot
Supplied Zillow Observed Rent Index, 2026-09-30. ZORI describes typical asking rent in its sample, not the rent or income of your property.
- Typical monthly rent
- $1,165
- Metro
- Sioux Falls, SD
- County in dataset
- Lincoln County
The comparison figure is $1,279. It is the median of the supplied city ZORI figures within South Dakota, not a statewide household-rent statistic. This location is 8.9% below that comparison.
Operating examples at this rent
- Annual gross, 12 paid months
- $13,980
- One vacant week, annualized
- $269
- Example 3× income threshold
- $3,495
These are calculations, not forecasts or client results. Gross rent excludes vacancy, repairs, taxes, insurance, financing and management. The income threshold is an illustrative policy, not a legal requirement or recommendation. Review local screening restrictions and fair housing obligations before using it.
Deposit limits and notice periods below come from the South Dakota dataset, not independent Tea ordinances. A rental in this market may be subject to additional municipal rules or exceptions. Confirm the exact address and applicable jurisdiction with the relevant office.
South Dakota: Security deposits
Max one month's rent for residential premises (SDCL 43-32-6.1); a larger deposit may be agreed where special conditions pose a danger to the premises.
SDCL ch. 43-32 contains no requirement to pay interest on deposits.
The uploaded dataset lists a deposit-return period of 21 days. Review the cited rule for the applicable conditions and timing.
South Dakota: Notices and tenancy endings
Nonpayment is a ground for forcible entry and detainer once rent is 3 days overdue (SDCL 21-16-1(4)). The former 3-day notice-to-quit statute (SDCL 21-16-2) was repealed (SL 2024, ch 75); lease terms may still require notice.
Holdover is a ground for FED with no statutory cure period (SDCL 21-16-1(4)); SDCL 43-32-13 governs 30-day notice to MODIFY month-to-month terms, not a confirmed termination day-count.
Court listed in the supplied dataset: Circuit Court (forcible entry and detainer; magistrate court shares jurisdiction).
South Dakota: Rent regulation
SDCL 6-1-13 bars any local governmental unit from controlling rent on private residential property.
South Dakota: Licensing and registration
No statewide residential rental license; any licensing/registration is municipal.
South Dakota: Lease disclosures and receipts
Lead paint (federal, pre-1978)
No statewide statutory rent-receipt requirement identified.
Sources supplied for South Dakota
Dates below are verification dates claimed in the uploaded dataset, not a new review by Calvin's team.
- SDCL 43-32-6.1 (max deposit)
Dataset verification date: 2026-11-06
- SDCL 43-32-24 (21-day return)
Dataset verification date: 2026-11-06
- SDCL 21-16-1 (FED grounds)
Dataset verification date: 2026-11-06
- SDCL 6-1-13 (rent control prohibited)
Dataset verification date: 2026-11-06
- Zillow research data, supplied observation 2026-09-30
Offices listed in the dataset
- South Dakota Attorney General - Consumer Protectionattorney general / consumer protection
- South Dakota Unified Judicial Systemstate courts