Hot Springs, SD
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Hot Springs short-term rental market based on reliable data.
Listings
39 / 133
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$25,399
Middle-Earners Revenue
Occupancy
53%
Middle-Earners Occupancy
Home Value
$330,670
Median Home Sale Price
Top Earners
$46,000
Top-Earners Revenue
Hot Springs
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Hot Springs.
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Very Investor friendly
Hot Springs Regulations
STRs are allowed citywide with no STR‑specific permits or caps, so investors face only basic state tax registration and general health/safety/zoning compliance—simple, inexpensive, and without meaningful caps or hostile enforcement.
Local STR Agent
STR specialist · Hot Springs, SD
About Hot Springs
Hot Springs (Lakota: mni kȟáta; "hot water") is a city in and county seat of Fall River County, South Dakota, United States. As of the 2020 census, the city population was 3,395. In addition, neighboring Oglala Lakota County contracts the duties of Auditor, Treasurer and Register of Deeds to the Fall River County authority in Hot Springs.