How much house can I afford on $60,000 in South Dakota?
About $208,000 with 20% down ($166,000 with an FHA loan), using South Dakota's 1.04% property tax rate.
That is $110,307 less than the typical South Dakota home ($317,874), so on $60,000 you'd look at cheaper areas or a smaller home. The payment of $1,400 covers $1,117 principal and interest, $179 property tax and $104 insurance.
Counties in South Dakota you can afford on $60,000
11 of 50 counties have a typical home value at or below $208,000:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Tripp County | $195,710 | +4.6% | 0.95% |
| Campbell County | $191,493 | +9.2% | 1.18% |
| Miner County | $191,455 | +0.6% | 0.92% |
| Bennett County | $191,335 | +8.4% | 0.98% |
| Beadle County | $190,822 | +3.0% | 1.09% |
| Spink County | $171,479 | +11.2% | 1.28% |
| Bon Homme County | $167,171 | +5.6% | 1.27% |
| Perkins County | $158,791 | -0.7% | 1.29% |
| Corson County | $155,734 | +1.3% | 1.45% |
| Walworth County | $132,385 | -0.0% | 1.31% |
| Jackson County | $128,953 | -2.7% | 0.65% |
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 $60,000 in South Dakota?
About $208,000 with 20% down at 7.11%, keeping the payment (with South Dakota's 1.04% property tax and insurance) under $1,400 a month.
Is $60,000 enough to buy a house in South Dakota?
Not the typical home: the typical South Dakota home is worth $317,874 (Zillow, September 2026) and $60,000 supports about $208,000. 11 of 50 counties are within budget.