How much house can I afford on $150,000 in South Dakota?
About $519,000 with 20% down ($416,000 with an FHA loan), using South Dakota's 1.04% property tax rate.
That is $201,044 more than the typical South Dakota home ($317,874), so a $150,000 salary can buy a typical home here. The payment of $3,500 covers $2,793 principal and interest, $448 property tax and $259 insurance.
Counties in South Dakota you can afford on $150,000
50 of 50 counties have a typical home value at or below $519,000. The 25 priciest of them:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Custer County | $492,902 | -1.0% | 0.77% |
| Lawrence County | $442,665 | -0.7% | 0.79% |
| Meade County | $393,336 | +4.5% | 1.01% |
| Lincoln County | $381,169 | +0.7% | 1.15% |
| Pennington County | $363,102 | +1.8% | 1.08% |
| Butte County | $360,624 | +3.7% | 0.93% |
| Union County | $355,956 | +2.7% | 1.1% |
| Hamlin County | $340,142 | +12.2% | 1.11% |
| Codington County | $335,543 | +3.1% | 0.97% |
| Brookings County | $327,004 | +6.1% | 1.13% |
| Minnehaha County | $325,224 | +1.3% | 1.14% |
| Moody County | $315,215 | +8.0% | 1.1% |
| Lake County | $312,689 | +2.4% | 1.03% |
| Stanley County | $302,274 | +0.8% | 1.32% |
| Deuel County | $298,508 | +6.2% | 0.82% |
| Hughes County | $293,735 | +3.0% | 1.1% |
| Turner County | $292,101 | -3.5% | 0.98% |
| McCook County | $290,879 | +5.1% | 1.06% |
| Charles Mix County | $288,274 | +8.6% | 1.1% |
| Clay County | $283,158 | +2.8% | 1.26% |
| Fall River County | $279,704 | +0.0% | 1% |
| Yankton County | $279,512 | +2.4% | 1.06% |
| Sully County | $271,237 | -0.2% | 0.83% |
| Day County | $264,912 | +6.3% | 0.98% |
| Brule County | $251,994 | +16.1% | 0.96% |
Affordable metro areas
Assumes a 30-year fixed loan at 7.11%, property tax of 1.04% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in South Dakota
Frequently asked questions
How much house can I afford on $150,000 in South Dakota?
About $519,000 with 20% down at 7.11%, keeping the payment (with South Dakota's 1.04% property tax and insurance) under $3,500 a month.
Is $150,000 enough to buy a house in South Dakota?
Yes: the typical South Dakota home is worth $317,874 (Zillow, September 2026) and $150,000 supports about $519,000. 50 of 50 counties are within budget.