Total monthly cost of ownership
Cost to Own a Home in Fort Pierre, South Dakota
A $167,000 home here costs
$1,496per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $859. The real number is $637 higher every month — 74% 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.
Fort Pierre against Stanley County and South Dakota
| Measure | Fort Pierre | Stanley County |
|---|---|---|
| Median home value | $166,700 | $169,900 |
| Median property tax | $2,543 | $2,423 |
| Effective tax rate | 1.525% | 1.426% |
| Median gross rent | $880 | $896 |
| Population | 2,534 | 3,012 |
The weather behind that power bill
Fort Pierre sits in Stanley County, which averages a high of 88.3°F in its hottest month and a low of 9.3°F in its coldest, with 20.2" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 837 cooling and 7,348 heating degree days, which is what sets the $141 electricity line above.
See the full climate breakdown for Stanley County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Stanley County
No other places of this size are published in Stanley County.
Full Stanley County cost breakdown · Every county in South Dakota
Common questions
How much does it cost to own a home in Fort Pierre?
A $167,000 home in Fort Pierre, South Dakota costs approximately $1,496 per month with 20% down at 6.66%. That is $859 principal and interest, $212 property tax, $77 homeowners insurance, $209 utilities and $139 set aside for maintenance.
What is the property tax rate in Fort Pierre?
Fort Pierre has an effective property tax rate of 1.525%, based on a median home value of $166,700 and median real estate taxes of $2,543. That is higher than the Stanley County average of 1.426%.
What is the average home price in Fort Pierre?
The median owner-occupied home value in Fort Pierre, South Dakota is $166,700, against $169,900 across Stanley County.
Is it cheaper to rent or buy in Fort Pierre?
Median gross rent in Fort Pierre is $880 a month, against $1,496 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 Fort Pierre — 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.