Total monthly cost of ownership
Cost to Own a Home in Chamberlain, South Dakota
A $195,000 home here costs
$1,660per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,002. The real number is $657 higher every month — 66% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Chamberlain against Brule County and South Dakota
| Measure | Chamberlain | Brule County |
|---|---|---|
| Median home value | $195,300 | $205,500 |
| Median property tax | $2,354 | $1,744 |
| Effective tax rate | 1.205% | 0.849% |
| Median gross rent | $682 | $700 |
| Population | 2,621 | 5,261 |
The weather behind that power bill
Chamberlain sits in Brule County, which averages a high of 87.7°F in its hottest month and a low of 11.1°F in its coldest, with 20.37" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 894 cooling and 6,983 heating degree days, which is what sets the $141 electricity line above.
See the full climate breakdown for Brule County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Brule County
No other places of this size are published in Brule County.
Full Brule County cost breakdown · Every county in South Dakota
Common questions
How much does it cost to own a home in Chamberlain?
A $195,000 home in Chamberlain, South Dakota costs approximately $1,660 per month with 20% down at 6.66%. That is $1,002 principal and interest, $196 property tax, $89 homeowners insurance, $209 utilities and $163 set aside for maintenance.
What is the property tax rate in Chamberlain?
Chamberlain has an effective property tax rate of 1.205%, based on a median home value of $195,300 and median real estate taxes of $2,354. That is higher than the Brule County average of 0.849%.
What is the average home price in Chamberlain?
The median owner-occupied home value in Chamberlain, South Dakota is $195,300, against $205,500 across Brule County.
Is it cheaper to rent or buy in Chamberlain?
Median gross rent in Chamberlain is $682 a month, against $1,660 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Chamberlain — 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.