CostBy County

Cost of Living in Bennett County, South Dakota

$617/mo
Median Monthly Rent
$156,400
Median Home Value

At a Glance

Median Monthly Rent
$617/mo
21% below state average
Median Home Value
$156,400
53% below national
Census GRAPI
17.2%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Bennett County Compares

Median monthly rent comparison

Bennett County$617/mo
South Dakota Average$785/mo
National Median$1,413/mo

Detailed Housing Stats

$617/mo
Median Gross Rent
$156,400
Median Home Value
$622/mo
Monthly Owner Cost
17.2%
Census GRAPI

National Ranking

Affordability Rank

Bennett County ranks #213 of 3,142 counties for affordability (top 7%)

Most AffordableLeast Affordable

Sourced county brief

Bennett County official GRAPI is 5.5 percentage points below state mean

Bennett County's official median gross rent as a percentage of household income (GRAPI) is 17.2%, which is 5.5 percentage points lower than the South Dakota unweighted county mean of 22.7%. The median gross rent for the county is $617 per month, below the state unweighted county mean of $785. For owner-occupied units, the median selected monthly owner cost is $622, compared to the state unweighted county mean of $853. The median home value in the county was estimated at $156,400, while the state unweighted county mean is $181,021. Median renter-household income is $45,417. This brief uses ACS tables B25064, B25071, B25077, B25088, and B25119 from the 2020-2024 5-Year Estimates. The dataVersion for this snapshot is acs5-2020-2024 and the methodologyVersion is cost-brief-v1, last reviewed on 2026-07-10. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Bennett County

Affordability Verdict

ACS B25071 estimates median gross rent at 17.2% of renter household income in Bennett County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $617 per month; median selected monthly owner costs are $622. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $24,680 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The South Dakota unweighted mean of county median rents is $785 per month. Bennett County's $617 median is 21.4% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Bennett County

$

Rent Burden

13.8%

of gross income

Max Housing (28% Rule)

$1,254

per month

Owner Cost Burden

13.9%

of gross income

You can likely afford the median home in Bennett County

Median home value is $156,400. Estimated monthly cost: $1,249 vs. your max of $1,254.

Rent Affordability Guide

Your entered rent as a share of entered income13.8%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,750Needed: $24,680
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,750Needed: $26,657
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,750Needed: $36,399

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Bennett County, South Dakota?
Bennett County, South Dakota has a median monthly rent of $617/mo and a median home value of $156,400. The affordability rating is Affordable, with median gross rent equal to approximately 17.2% of renter household income.
What is the median rent in Bennett County?
The median gross rent in Bennett County is $617/mo. This is 21% below state average for South Dakota.
Is Bennett County affordable?
Bennett County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 17.2%. Median gross rent is under 30% of renter household income.
How does Bennett County's rent compare to the state average?
Bennett County's median rent of $617/mo is 21% below state average of $785/mo for South Dakota.
What is the median home value in Bennett County?
The median home value in Bennett County, South Dakota is $156,400. This is 53% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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