Total monthly cost of ownership
Cost to Own a Home in Flandreau, South Dakota
A $131,000 home here costs
$1,269per 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 $54,500 a year.
A standard mortgage calculator would have told you $714. The real number is $555 higher every month, 78% more than the payment most buyers budget for.
Compare Moody County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Flandreau from a five-year rolling sample, and with about 2,291 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Moody County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Flandreau against Moody County and South Dakota
| Measure | Flandreau | Moody County |
|---|---|---|
| Median home value | $130,800 | $206,300 |
| Median property tax | $2,007 | $2,231 |
| Effective tax rate | 1.534% | 1.081% |
| Median gross rent | $689 | $723 |
| Population | 2,291 | 6,371 |
The weather behind that power bill
Flandreau sits in Moody County, which averages a high of 81.3°F in its hottest month and a low of 3.5°F in its coldest, with 28.49" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 512 cooling and 8,376 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Moody County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Moody County
Full Moody County cost breakdown · Every county in South Dakota
Talk to someone who works this market
These are Flandreau 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 Flandreau every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Flandreau I already own here and may sell
Common questions
How much does it cost to own a home in Flandreau?
A $131,000 home in Flandreau, South Dakota costs approximately $1,269 per month with 20% down at 7.24%. That is $714 principal and interest, $167 property tax, $60 homeowners insurance, $219 utilities and $109 set aside for maintenance.
What is the property tax rate in Flandreau?
Flandreau has an effective property tax rate of 1.534%, based on a median home value of $130,800 and median real estate taxes of $2,007. That is higher than the Moody County average of 1.081%.
What is the average home price in Flandreau?
The median owner-occupied home value in Flandreau, South Dakota is $130,800, against $206,300 across Moody County.
Is it cheaper to rent or buy in Flandreau?
Median gross rent in Flandreau is $689 a month, against $1,269 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 Flandreau?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Flandreau, South Dakota at today's rate takes a household income of roughly $54,500 a year. That covers the full $1,269 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Flandreau, 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.