Ranked from ACS 2023 5-Year
Counties Where Renting Costs Far Less Than Owning in South Dakota
The widest gaps between median rent and the full monthly cost of owning the median home. A large gap does not automatically mean renting is the better decision, because rent buys no equity and is not fixed for thirty years, but it does show where the market prices ownership at a steep premium.
South Dakota ranked
| # | County | Monthly saved by renting | Median rent | Monthly to own |
|---|---|---|---|---|
| 1 | Lawrence County | $1,581 | $923 | $2,504 |
| 2 | Custer County | $1,486 | $1,117 | $2,603 |
| 3 | Lincoln County | $1,447 | $1,237 | $2,684 |
| 4 | Minnehaha County | $1,292 | $954 | $2,246 |
| 5 | Brookings County | $1,213 | $874 | $2,087 |
| 6 | Union County | $1,202 | $1,055 | $2,257 |
| 7 | Pennington County | $1,202 | $1,066 | $2,268 |
| 8 | Clay County | $1,195 | $736 | $1,931 |
| 9 | Meade County | $1,129 | $1,150 | $2,279 |
| 10 | Lake County | $1,090 | $868 | $1,958 |
| 11 | McCook County | $1,089 | $750 | $1,839 |
| 12 | Moody County | $1,051 | $723 | $1,774 |
| 13 | Brown County | $1,051 | $794 | $1,845 |
| 14 | Brule County | $1,029 | $700 | $1,729 |
| 15 | Yankton County | $1,020 | $777 | $1,797 |
| 16 | Hamlin County | $1,018 | $769 | $1,787 |
| 17 | Turner County | $968 | $745 | $1,713 |
| 18 | Hughes County | $967 | $930 | $1,897 |
| 19 | Codington County | $958 | $901 | $1,859 |
| 20 | Hanson County | $928 | $733 | $1,661 |
| 21 | Davison County | $927 | $750 | $1,677 |
| 22 | Harding County | $901 | $478 | $1,379 |
| 23 | Deuel County | $870 | $668 | $1,538 |
| 24 | Grant County | $869 | $668 | $1,537 |
| 25 | Butte County | $841 | $940 | $1,781 |
| 26 | Hand County | $791 | $553 | $1,344 |
| 27 | Lyman County | $787 | $603 | $1,390 |
| 28 | Charles Mix County | $767 | $727 | $1,494 |
| 29 | Sully County | $767 | $913 | $1,680 |
| 30 | Day County | $759 | $623 | $1,382 |
| 31 | Beadle County | $726 | $834 | $1,560 |
| 32 | Hutchinson County | $720 | $714 | $1,434 |
| 33 | Kingsbury County | $686 | $725 | $1,411 |
| 34 | Fall River County | $680 | $866 | $1,546 |
| 35 | Haakon County | $657 | $688 | $1,345 |
| 36 | Stanley County | $653 | $896 | $1,549 |
| 37 | Bennett County | $642 | $616 | $1,258 |
| 38 | Roberts County | $609 | $656 | $1,265 |
| 39 | Jerauld County | $599 | $565 | $1,164 |
| 40 | Gregory County | $580 | $614 | $1,194 |
| 41 | Clark County | $569 | $709 | $1,278 |
| 42 | Sanborn County | $568 | $717 | $1,285 |
| 43 | Jones County | $566 | $544 | $1,110 |
| 44 | Marshall County | $565 | $743 | $1,308 |
| 45 | Edmunds County | $543 | $881 | $1,424 |
| 46 | Bon Homme County | $523 | $620 | $1,143 |
| 47 | Miner County | $520 | $563 | $1,083 |
| 48 | Buffalo County | $472 | $535 | $1,007 |
| 49 | Aurora County | $453 | $739 | $1,192 |
| 50 | Spink County | $436 | $691 | $1,127 |
| 51 | Faulk County | $430 | $692 | $1,122 |
| 52 | Tripp County | $424 | $809 | $1,233 |
| 53 | Perkins County | $337 | $703 | $1,040 |
| 54 | Hyde County | $329 | $921 | $1,250 |
| 55 | Corson County | $319 | $473 | $792 |
| 56 | Douglas County | $308 | $864 | $1,172 |
| 57 | Potter County | $295 | $869 | $1,164 |
| 58 | Walworth County | $276 | $962 | $1,238 |
| 59 | Campbell County | $274 | $635 | $909 |
| 60 | McPherson County | $262 | $580 | $842 |
| 61 | Ziebach County | $230 | $715 | $945 |
| 62 | Dewey County | $91 | $714 | $805 |
| 63 | Todd County | $67 | $537 | $604 |
| 64 | Mellette County | $-18 | $737 | $719 |
| 65 | Oglala Lakota County | $-23 | $563 | $540 |
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
Counties Where Renting Costs Far Less Than Owning across all 3,133 US counties · Every county in South Dakota