Cost of Living in Corson County, South Dakota

$473/mo
Median Monthly Rent
$73,800
Median Home Value
37% below state averageUnaffordable

At a Glance

Median Monthly Rent
$473/mo
37% below state average
Median Home Value
$73,800
74% below national
Rent-to-Income Ratio
18.0%
% of income spent on rent

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

Affordability Rating
Unaffordable
Rent over 50% of income

How Corson County Compares

Median monthly rent comparison

Corson County$473/mo
South Dakota Average$756/mo
National Median$1,163/mo

Detailed Housing Stats

$473/mo
Median Gross Rent
$73,800
Median Home Value
$548/mo
Monthly Owner Cost
18.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Corson County, South Dakota

Corson offers unbeatable rental bargains

Corson County renters spend just 13% of household income on rent—within the healthy national range of 12-14%—while median income of $43,750 ranks lowest in this profile. The remarkably affordable $473 monthly rent cushions the impact of the county's relatively low wages, making basic rental housing accessible even for modest earners.

South Dakota's cheapest rentals

Corson County's 13% rent-to-income ratio sits below the state average of 13.8%, and its $473 monthly rent represents the state's cheapest housing option by far. This combination makes Corson uniquely affordable for renters despite its limited economic opportunity base.

Lowest rent, lowest income, best ratio

Corson's $473 rent drastically undercuts all neighbors—Campbell at $635 is nearly 35% higher, while Codington ($901) and Butte ($940) are roughly double. The median home value of $73,800 is the region's lowest, making both rental and homeownership pathways remarkably accessible.

Bargain basement housing economics

Renters pay just $473 monthly while homeowners spend $548 on properties averaging $73,800, supported by a $43,750 median income. Housing claims roughly 13% of gross income, offering the strongest affordability position in this entire profile despite the lowest earning base.

Corson County: affordability champion

Corson County delivers South Dakota's most affordable housing costs—$473 rent and $73,800 home values—making it ideal for buyers on tight budgets. Trade-off: the county's rural isolation and limited job market mean housing affordability works best if your income or remote work doesn't depend on local opportunities.

Affordability Calculator

See how your income compares to housing costs in Corson County

$

Rent Burden

13.0%

of gross income

Max Housing (28% Rule)

$1,021

per month

Owner Cost Burden

15.0%

of gross income

You can likely afford the median home in Corson County

Median home value is $73,800. Estimated monthly cost: $589 vs. your max of $1,021.

Rent Affordability Guide

Your rent-to-income ratio13.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Corson County, South Dakota?
Corson County, South Dakota has a median monthly rent of $473/mo and a median home value of $73,800. The affordability rating is Unaffordable, with rent making up approximately 18.0% of median household income.
What is the median rent in Corson County?
The median gross rent in Corson County is $473/mo. This is 37% below state average for South Dakota.
Is Corson County affordable?
Corson County is rated Unaffordable based on rent-to-income ratio of 18.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Corson County's rent compare to the state average?
Corson County's median rent of $473/mo is 37% below state average of $756/mo for South Dakota.
What is the median home value in Corson County?
The median home value in Corson County, South Dakota is $73,800. This is 74% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.