Cost of Living in Day County, South Dakota

$623/mo
Median Monthly Rent
$155,100
Median Home Value
18% below state averageUnaffordable

At a Glance

Median Monthly Rent
$623/mo
18% below state average
Median Home Value
$155,100
45% below national
Rent-to-Income Ratio
23.0%
% 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 Day County Compares

Median monthly rent comparison

Day County$623/mo
South Dakota Average$756/mo
National Median$1,163/mo

Detailed Housing Stats

$623/mo
Median Gross Rent
$155,100
Median Home Value
$791/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Day County, South Dakota

Day County punches above affordability class

Day County's 12.0% rent-to-income ratio beats the national median and South Dakota's state average of 13.8%, making it one of the most affordable rental markets in the region. The $623 median monthly rent combined with $62,270 median income creates a housing-friendly environment rare in rural America.

Day ranks among South Dakota's best

With a 12.0% rent-to-income ratio, Day County ranks in the top tier of South Dakota counties for housing affordability, well below the state average of 13.8%. This competitive advantage makes Day a standout for renters seeking maximum wallet relief.

Day County leads the affordability race

Day County's 12% rent-to-income ratio decisively outperforms Davison (14.7%), Deuel (10.1%), and Faulk (14.3%) when measured by affordability burden. At $623/month rent, Day offers the lowest rental cost among its peer counties.

Day's housing economics favor renters

Renters pay just $623 monthly while homeowners invest $791 in ownership costs, with median home values reaching $155,100. Housing consumes only 12% of median household income, well below national stress thresholds.

Day County is rural affordability's hidden gem

If you're seeking a South Dakota county where housing won't strain your budget, Day County delivers genuine relief. It's the region's best option for renters and a strong choice for homebuyers who prioritize affordability.

Affordability Calculator

See how your income compares to housing costs in Day County

$

Rent Burden

12.0%

of gross income

Max Housing (28% Rule)

$1,453

per month

Owner Cost Burden

15.2%

of gross income

You can likely afford the median home in Day County

Median home value is $155,100. Estimated monthly cost: $1,238 vs. your max of $1,453.

Rent Affordability Guide

Your rent-to-income ratio12.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Day County, South Dakota?
Day County, South Dakota has a median monthly rent of $623/mo and a median home value of $155,100. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Day County?
The median gross rent in Day County is $623/mo. This is 18% below state average for South Dakota.
Is Day County affordable?
Day County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Day County's rent compare to the state average?
Day County's median rent of $623/mo is 18% below state average of $756/mo for South Dakota.
What is the median home value in Day County?
The median home value in Day County, South Dakota is $155,100. This is 45% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Day County, South Dakota? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Day County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.