Redfield, SD

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Redfield short-term rental market based on reliable data.

Listings

13 / 24

Reliable / Active

Cap Rate

14%

Middle-Earners Gross Yield

Revenue

$24,180

Middle-Earners Revenue

Occupancy

77%

Middle-Earners Occupancy

Home Value

$166,590

Median Home Sale Price

Top Earners

$30,188

Top-Earners Revenue

Redfield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Redfield.

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C

Challenging to Investors

Redfield Regulations

STRs are technically legal at the state level, but the lack of detailed local regulations for Redfield creates uncertainty around permitting, fees, and zoning compliance. Potential investors must contact local authorities to verify requirements, which introduces compliance risk and operational complexity.

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About Redfield

Redfield is a small, friendly city in Spink County in central-eastern South Dakota, with a population of roughly 2,000 residents. Set amid the gently rolling prairie and agricultural land of the James River valley, it has the easygoing pace of a rural community that has long tied its identity to the outdoors, especially upland game bird hunting. The town bills itself as the "Pheasant Capital of the World," a moniker that draws thousands of hunters each fall and gives Redfield a distinctly seasonal rhythm. It sits about 100 miles northwest of Sioux Falls, the nearest major city, and roughly 40 miles southwest of Aberdeen, making it a convenient stopover or base for travelers exploring the north-central part of the state.

A signature roadside stop in town is the World’s Largest Pheasant, a towering sculpture that reflects the community’s longstanding association with pheasant hunting. Standing on the main stretch through Redfield, the statue has become a popular photo opportunity for hunters and road-trippers passing through, and it anchors the town’s claim to its bird-hunting heritage.

Just a short drive southwest of Redfield lies Sand Lake National Wildlife Refuge, one of the larger wetland complexes in the region. The refuge protects more than 21,000 acres of lakes, marshes, and grasslands that serve as a major stopover on the Central Flyway, drawing enormous numbers of waterfowl, shorebirds, and bald eagles during spring and fall migrations. Visitors can typically find driving routes, observation points, and walking trails that make it easy to experience the prairie wetland landscape up close.

For those interested in South Dakota’s pioneer history, the area around Redfield is dotted with the kind of small-town historical societies, vintage main streets, and agricultural museums that characterize the region. A wider variety of cultural and historical attractions can be reached by continuing on toward larger hubs: Sioux Falls, about a two-hour drive to the southeast, offers the Falls Park district and a full menu of restaurants, shopping, and entertainment, while the Missouri River country to the southwest, including the Lewis and Clark–related sites around Chamberlain, lies within a longer day-trip radius.

Redfield makes a compelling base for short-term rentals because it combines affordable, small-town accommodations with direct access to some of South Dakota’s best pheasant hunting and birding. Guests who come for hunting season, wildlife photography, or simply a quiet prairie getaway benefit from genuine local hospitality, proximity to Sand Lake National Wildlife Refuge, and a workable connection to the larger amenities of Sioux Falls when they want a day in the city.

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