Pierre, SD
Pierre, SD landlord and rental property insurance
Coverage for rental homes and 2–4 unit buildings in Pierre, with local Census housing data. A quote is not a binder.
Pierre is home to roughly 13,788 people in Hughes County, and about 31% of its 5,864 occupied homes are rented rather than owner-occupied, close to the South Dakota rate of 31%. That mix shapes who is buying landlord coverage here and what underwriters expect to see.
Pierre rental housing by the numbers
| Measure | Pierre | South Dakota |
|---|---|---|
| Renter-occupied homes | 31% (1,843) | 31% |
| Median owner-occupied home value | $230,700 | $257,400 |
| Median gross rent | $983/mo | $946/mo |
| Median year structure built | 1976 | 1980 |
| Homes in 2–4 unit buildings | 5% | 5% |
| Single-family homes (detached or attached) | 65% | 71% |
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (tables B25003, B25077, B25064, B25035, B25024), retrieved via Census Reporter; population from U.S. Census Bureau, Vintage 2024 population estimates.
Insured value and premium context in Pierre
The median owner-occupied home in Pierre is valued at about $230,700, lower than the South Dakota median of $257,400. Market value includes land, so it is only a starting point: your dwelling limit should reflect what it would cost to rebuild the structure.
If your rental is insured somewhere around Pierre's median, the closest NAIC benchmark is the $225,000–$249,999 band, where the 2023 South Dakota dwelling-fire average was $688. The all-amounts state figure was $524.
Protecting rental income in Pierre
Median gross rent in Pierre is about $983 a month. A year of lost rent at that level is roughly $11,796 per unit, a useful yardstick when you choose fair rental value coverage.
How old Pierre's housing is, and why it matters
The median Pierre home was built around 1976. Rentals from that era may still have original panels, aging supply lines, or roofs on a second or third replacement, which are the details underwriters ask about first.
What Pierre landlords typically own
Roughly 65% of Pierre homes are single-family, 5% sit in small 2–4 unit buildings, and 20% are in larger apartment buildings. Owners of up to four units can generally use a dwelling fire policy.
How Pierre compares with nearby South Dakota markets
For comparison, Sioux Falls comes in at 40% rented and $292,400 median value, with median rent of $1,035. Nearby Rapid City reports 37% renter households and a $299,400 median home value, so proportionally more renters than Pierre. Nearby Aberdeen reports 38% renter households and a $217,300 median home value, so proportionally more renters than Pierre. By renter share, Pierre is number 12 on our list of 15 South Dakota cities. Manufactured and mobile homes make up about 10% of Pierre's housing, and many dwelling programs underwrite those separately. Buildings with five or more units hold about 20% of Pierre's homes; those generally need commercial apartment coverage rather than dwelling forms.
Weather and property risks for Pierre rentals
South Dakota landlords generally plan around blizzards and extreme cold that freeze pipes, snow load on roofs, and grassland and Black Hills wildfire. Those exposures apply in Pierre as much as anywhere in the state, so confirm deductibles and exclusions before you bind.
Hazard themes reflect FEMA’s National Risk Index and NOAA’s Storm Events Database; check the index for your specific county.
Requesting coverage for a Pierre rental
- The Pierre address and how many units it has
- Construction year plus the age of the roof
- How it is occupied today, including any vacancy or short-term use
- Dates of wiring, plumbing, and HVAC upgrades
- Current insurer and any losses in five years
- Lender name for the mortgagee clause
- Liability limit and months of rent to protect
Request a Pierre landlord quote
Pierre landlord insurance questions
What share of Pierre homes are rentals?
About 31% of occupied homes in Pierre, roughly 1,843 households, are renter-occupied according to the 2020–2024 American Community Survey.
Is landlord insurance required in Pierre?
No South Dakota law mandates it for Pierre owners, though lenders, HOAs, and property managers commonly require it.
What is a typical landlord premium in Pierre?
It depends on the building, coverage, and deductible. For background, the NAIC reported a 2023 South Dakota dwelling-fire average of $524; see our South Dakota page for the full table.
More landlord pages near Pierre
Landlord insurance in South Dakota · Cost by state
Last updated October 15, 2026. Sources and method: how we research.