South Dakota Rent vs Buy Calculator — Updated 2026
State abbreviation: SD
In South Dakota, the median home price is $295,000, and property taxes are 0.82% annually. Homeowners insurance averages $1320/year. Use this calculator to compare the long-term costs of renting versus buying given South Dakota's specific market conditions and tax environment.
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South Dakota Financial Data (2026)
- State Tax Rate
- None
- Property Tax Rate
- 0.82%
- Median Home Price
- $295,000
- Avg Insurance Cost
- $1,320/year
- Cost of Living Index
- 89
- State Abbreviation
- SD