Brookings, SD

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

25 / 57

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$29,616

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$308,760

Median Home Sale Price

Top Earners

$57,269

Top-Earners Revenue

Brookings

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Brookings.

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B

Generally Investor friendly

Brookings Regulations

STRs are explicitly allowed under the city’s rental‑dwelling program with a clear permitting/inspection pathway and no published caps; requirements are moderate (state sales/lodging licenses, taxes, inspections) and compliance is manageable. However, fees are not fully detailed and the city signals potential STR‑specific rule changes, creating some evolving risk.

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About Brookings

Brookings is a city in Brookings County, South Dakota, United States. Brookings is South Dakota's fourth most populous city, with a population of 23,377 at the 2020 census. It is the county seat of Brookings County, and home to South Dakota State University, the state's largest institution of higher education. Also in Brookings are the South Dakota Art Museum, the Children's Museum of South Dakota, the annual Brookings Summer Arts Festival, and the headquarters of several manufacturing companies and agricultural operations.

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