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Lake Preston, SD Rent Increase Laws 2026

South Dakota has no rent cap but Landlords must give 30 days' notice before raising rent. Wrong notice = void increase.

In South Dakota, there is no statewide rent cap. Landlords must provide 30-day written notice before any increase takes effect. An increase without proper notice is void.

This applies to properties in Lake Preston, SD. Check all requirements for your property →

Key Takeaways — Lake Preston Rent Increase Laws

  • Notice required: 30 days before increase
  • Wrong notice: Entire increase is void

Rent Increase Laws in Lake Preston

Lake Preston landlords must follow South Dakota state law on rent increase laws. Understanding the specific rules, deadlines, and penalties can prevent costly violations.

30 days

notice required

Penalty Warning

Violate South Dakota rent increase laws rules in Lake Preston and you could have your increase voided. At Lake Preston's median rent of $951/month, even a single violation adds up fast.

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Lake Preston Rental Market Context

Lake Preston is the 98th-largest city in South Dakota (population 613). With a median 2-bedroom rent of $951/month, it falls in the above-average range for South Dakota rental costs — 2% above the state median of $929/month.

How Lake Preston Compares in Kingsbury County

Lake Preston ranks #3 of 7 cities in Kingsbury County by population. Because rent increase laws rules are often tied to rent amounts, costs vary across the county.

City Population Median Rent Increase Rule
De Smet 1,046 $951/mo 30-day notice
Arlington 928 $951/mo 30-day notice
Lake Preston 613 $951/mo 30-day notice
Iroquois 295 $951/mo 30-day notice
Badger 134 $951/mo 30-day notice
Oldham 119 $951/mo 30-day notice
Erwin 40 $951/mo 30-day notice

Rents based on HUD Fair Market Rents (FY2026) for Kingsbury County, South Dakota. All cities follow South Dakota state law unless a local ordinance applies.

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Rents based on HUD Fair Market Rents (FY2026) for Kingsbury County.

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Rent Increase Laws in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Erwin, SD
Pop. 40
Oldham, SD
Pop. 119
De Smet, SD
Pop. 1,046
Badger, SD
Pop. 134
Arlington, SD
Pop. 928

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How we researched this page: Rent increase laws rules are based on South Dakota state statutes. Rent data comes from HUD Fair Market Rents (FY2026) for Kingsbury County. Last updated: August 2026.
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Reviewed by Rachid Abadli

Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019

LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.