South Dakota
Ranked #15 of 51 for housing affordability
68Moderate
Median Home Price
🏠$280K
4.6x income
Median Rent
🔑$950
26.5% rent-burdened
Median Income
💰$61K
Population: 909,824
Homeownership
🏡68.0%
1,437 experiencing homelessness
Housing Shortage
📉10,000
units needed
Building Permits (2024)
🔨7,000
Price-to-Income
📊4.6x
Severe Rent Burden
⚠️11.5%
paying >50% of income
Rent Burden Breakdown
vs. National Average
Metros in South Dakota
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Sioux Falls | 65 | $300K | $1K | $65K | 27.0% |
Housing Policies
South Dakota Housing Development Authority programsGovernor's House program