Housing decision brief
Todd County, SD Housing Market
Todd County screens as a below-state purchase price, below-state rent, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
1st lowest home value out of 66 South Dakota counties with data | 5th lowest rent out of 66
Median home value
$45,200
Purchase-price signal from Census ACS.
Median rent
$537/mo
Gross rent, including utilities where reported.
Monthly owner cost
$405/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
1.2x
Median home value divided by local household income.
Rent burden
20.0%
Below 30% usually screens as less pressured.
Rent vs own
$132/mo
Median owner cost screens below median rent.
Data confidence
2 notes
Home-value estimate has a $10,169 ACS margin of error.
What Works
Lower purchase price
$45,200 median home value is 71% below South Dakota county median
Lower rent
$537/mo is 26% below South Dakota county median
Rent burden below pressure line
20.00% of renter income goes to rent, below the 30% burden threshold.
Owning screens cheaper than renting
Median owner costs are $132/mo below median rent before individual mortgage terms.
What to Check
Lower income base
$39,148 median income is 44% below South Dakota county median
Tax rate needs attention
2.23% effective property-tax rate is 107% above South Dakota county median
Health context
Health score is 8.8 out of 100, so affordability should be weighed against local health indicators.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Wide home-value margin
The ACS margin of error on home value is $10,169, so exact rankings should be read as directional.
Best Fit For
- Buyers comparing homes to local incomes
- Renters trying to keep rent below the burden threshold
- Households weighing ownership against renting
- Remote earners or cash buyers looking below the state price line
Poor Fit For
- Households dependent on a deep local wage market
- Buyers focused only on purchase price and ignoring annual property tax
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Todd County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $45,200 | $156,450 | $281,900 | 71% favorable71% below South Dakota county median |
Median gross rent Lower usually helps affordability. | $537 | $730 | $1,163 | 26% favorable26% below South Dakota county median |
Monthly owner cost Lower usually helps affordability. | $405 | $781 | $1,672 | 48% favorable48% below South Dakota county median |
Median household income | $39,148 | $70,046 | $74,755 | 44% pressure44% below South Dakota county median |
Effective property-tax rate Lower usually helps affordability. | 2.23% | 1.08% | 1.02% | 107% pressure107% above South Dakota county median |
Rent burden Lower usually helps affordability. | 20.00% | 23.00% | N/A | 13% favorable20.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$17,668
Median income minus rent threshold.
Owner cushion
+$21,791
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
For renters in Todd County, the market is affordable. Expect to pay around $537/month in gross rent, with 20.0% of renter households considered cost-burdened.
Rent vs own
Renters in Todd County pay $537/month on average, compared to $405/month for homeowners. This market favors buyers by about 25%.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $21,480/year. For owner costs at the 28% rule, the required income is roughly $17,357/year. With a median household income of $39,148, most households can comfortably afford rent here. Notably, 20.0% of renter households in Todd County are cost-burdened, spending more than 30% of income on housing.
Regional context
Within South Dakota, Todd County is more affordable than Harding County by roughly 12% ($537/mo vs $478/mo).
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Oglala Lakota County, SD | $45,600 | $563/mo | Same-state comparison near $45,600 home value and $563/mo rent. |
| Stewart County, GA | $53,000 | $588/mo | Out-of-state peer near $53,000 home value and $588/mo rent. |
| Breathitt County, KY | $61,800 | $543/mo | Out-of-state peer near $61,800 home value and $543/mo rent. |
| Alexander County, IL | $58,700 | $540/mo | Out-of-state peer near $58,700 home value and $540/mo rent. |
| Corson County, SD | $73,800 | $473/mo | Same-state comparison near $73,800 home value and $473/mo rent. |
Data Confidence
- Home-value estimate has a $10,169 ACS margin of error.
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Todd County
Is Todd County affordable for buying a home?
Is renting or owning cheaper in Todd County?
How much income do you need for housing in Todd County?
What should I double-check before moving to Todd County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.