Ranked from ACS 2023 5-Year
Lowest Price-to-Rent Ratios in South Dakota
Price-to-rent is the median home value divided by a year of median gross rent, so a ratio of 12 means the house costs about twelve years of rent. Low ratios are where buying is cheapest against the local alternative. It is the one comparison on this site that assumes nothing about mortgage rates, down payment or how long you stay, which is why it travels well between counties. Both figures are Census five-year estimates for the same period, and rent here includes the utilities a tenant pays.
South Dakota ranked
| # | County | Price-to-rent | Median home | Median rent |
|---|---|---|---|---|
| 1 | Oglala Lakota County | 6.7 yrs | $45,600 | $563 |
| 2 | Todd County | 7.0 yrs | $45,200 | $537 |
| 3 | Mellette County | 7.1 yrs | $63,000 | $737 |
| 4 | Dewey County | 8.8 yrs | $75,400 | $714 |
| 5 | Walworth County | 11.3 yrs | $130,000 | $962 |
| 6 | McPherson County | 11.3 yrs | $78,400 | $580 |
| 7 | Campbell County | 11.5 yrs | $87,900 | $635 |
| 8 | Potter County | 11.6 yrs | $121,300 | $869 |
| 9 | Ziebach County | 11.9 yrs | $101,700 | $715 |
| 10 | Douglas County | 12.1 yrs | $125,000 | $864 |
| 11 | Hyde County | 12.2 yrs | $134,500 | $921 |
| 12 | Perkins County | 12.6 yrs | $105,900 | $703 |
| 13 | Corson County | 13.0 yrs | $73,800 | $473 |
| 14 | Tripp County | 14.1 yrs | $137,100 | $809 |
| 15 | Spink County | 14.2 yrs | $117,400 | $691 |
| 16 | Aurora County | 14.5 yrs | $129,000 | $739 |
| 17 | Faulk County | 14.9 yrs | $124,100 | $692 |
| 18 | Edmunds County | 15.5 yrs | $163,600 | $881 |
| 19 | Stanley County | 15.8 yrs | $169,900 | $896 |
| 20 | Sanborn County | 16.1 yrs | $138,500 | $717 |
| 21 | Bon Homme County | 16.2 yrs | $120,300 | $620 |
| 22 | Marshall County | 16.5 yrs | $147,200 | $743 |
| 23 | Clark County | 16.7 yrs | $141,900 | $709 |
| 24 | Buffalo County | 16.8 yrs | $108,000 | $535 |
| 25 | Miner County | 16.9 yrs | $114,100 | $563 |
| 26 | Fall River County | 17.0 yrs | $176,300 | $866 |
| 27 | Gregory County | 17.5 yrs | $129,000 | $614 |
| 28 | Roberts County | 17.7 yrs | $139,100 | $656 |
| 29 | Beadle County | 17.8 yrs | $178,400 | $834 |
| 30 | Jones County | 17.9 yrs | $117,100 | $544 |
| 31 | Sully County | 18.1 yrs | $198,700 | $913 |
| 32 | Kingsbury County | 18.3 yrs | $159,600 | $725 |
| 33 | Butte County | 18.4 yrs | $207,700 | $940 |
| 34 | Haakon County | 18.6 yrs | $153,200 | $688 |
| 35 | Jerauld County | 18.7 yrs | $127,000 | $565 |
| 36 | Hutchinson County | 18.7 yrs | $160,500 | $714 |
| 37 | Bennett County | 18.8 yrs | $138,600 | $616 |
| 38 | Charles Mix County | 19.4 yrs | $169,200 | $727 |
| 39 | Hughes County | 19.8 yrs | $221,100 | $930 |
| 40 | Meade County | 19.9 yrs | $274,800 | $1,150 |
| 41 | Codington County | 20.2 yrs | $218,000 | $901 |
| 42 | Day County | 20.7 yrs | $155,100 | $623 |
| 43 | Davison County | 21.1 yrs | $190,000 | $750 |
| 44 | Pennington County | 21.1 yrs | $270,400 | $1,066 |
| 45 | Union County | 21.3 yrs | $269,500 | $1,055 |
| 46 | Lyman County | 21.6 yrs | $156,500 | $603 |
| 47 | Lincoln County | 21.8 yrs | $323,500 | $1,237 |
| 48 | Hanson County | 21.9 yrs | $192,400 | $733 |
| 49 | Lake County | 22.2 yrs | $231,000 | $868 |
| 50 | Turner County | 22.3 yrs | $199,000 | $745 |
| 51 | Yankton County | 22.3 yrs | $208,200 | $777 |
| 52 | Brown County | 22.3 yrs | $212,900 | $794 |
| 53 | Grant County | 22.4 yrs | $179,400 | $668 |
| 54 | Deuel County | 22.5 yrs | $180,100 | $668 |
| 55 | Hamlin County | 22.5 yrs | $207,700 | $769 |
| 56 | Hand County | 22.9 yrs | $152,100 | $553 |
| 57 | Minnehaha County | 23.3 yrs | $266,600 | $954 |
| 58 | Brookings County | 23.5 yrs | $246,300 | $874 |
| 59 | Moody County | 23.8 yrs | $206,300 | $723 |
| 60 | McCook County | 24.1 yrs | $217,300 | $750 |
| 61 | Custer County | 24.4 yrs | $327,200 | $1,117 |
| 62 | Brule County | 24.5 yrs | $205,500 | $700 |
| 63 | Clay County | 25.1 yrs | $221,800 | $736 |
| 64 | Harding County | 27.3 yrs | $156,400 | $478 |
| 65 | Lawrence County | 28.1 yrs | $310,800 | $923 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Lowest Price-to-Rent Ratios across all 3,133 US counties · Every county in South Dakota