Total monthly cost of ownership
Cost to Own a Home in Belle Fourche, South Dakota
A $189,000 home here costs
$1,675per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $72,000 a year.
A standard mortgage calculator would have told you $1,030. The real number is $645 higher every month, 63% more than the payment most buyers budget for.
Compare Butte County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Belle Fourche against Butte County and South Dakota
| Measure | Belle Fourche | Butte County |
|---|---|---|
| Median home value | $188,800 | $207,700 |
| Median property tax | $2,183 | $2,197 |
| Effective tax rate | 1.156% | 1.058% |
| Median gross rent | $947 | $940 |
| Population | 5,741 | 10,538 |
The weather behind that power bill
Belle Fourche sits in Butte County, which averages a high of 85.8°F in its hottest month and a low of 9.8°F in its coldest, with 16.65" of precipitation a year and 51% of it in a single three-month stretch. That climate drives 613 cooling and 7,618 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Butte County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Butte County
No other places of this size are published in Butte County.
Full Butte County cost breakdown · Every county in South Dakota
Talk to someone who works this market
These are Belle Fourche averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Belle Fourche every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Belle Fourche I already own here and may sell
Common questions
How much does it cost to own a home in Belle Fourche?
A $189,000 home in Belle Fourche, South Dakota costs approximately $1,675 per month with 20% down at 7.24%. That is $1,030 principal and interest, $182 property tax, $87 homeowners insurance, $219 utilities and $158 set aside for maintenance.
What is the property tax rate in Belle Fourche?
Belle Fourche has an effective property tax rate of 1.156%, based on a median home value of $188,800 and median real estate taxes of $2,183. That is higher than the Butte County average of 1.058%.
What is the average home price in Belle Fourche?
The median owner-occupied home value in Belle Fourche, South Dakota is $188,800, against $207,700 across Butte County.
Is it cheaper to rent or buy in Belle Fourche?
Median gross rent in Belle Fourche is $947 a month, against $1,675 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Belle Fourche?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Belle Fourche, South Dakota at today's rate takes a household income of roughly $72,000 a year. That covers the full $1,675 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Belle Fourche, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for South Dakota.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.