Cost of Living in Fall River County, South Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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 Fall River County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Fall River County ranks #1,806 of 3,142 counties for affordability (bottom 43%)
Sourced county brief
Fall River County Median Gross Rent Percentage at 24.6 Percent
In Fall River County, the median gross rent as a percentage of household income (GRAPI) is 24.6%. This official ACS B25071 estimate is 1.9 percentage points higher than the South Dakota unweighted county mean of 22.7%. The median gross rent for the county was estimated at $931 per month, which is above the state unweighted county mean of $785. Median monthly owner costs for all owner-occupied units are $861, compared to a state unweighted county mean of $853. The median home value is $193,200, which is higher than the state unweighted county mean of $181,021. Median renter-household income is $35,815. This report is based on the 2020-2024 American Community Survey 5-Year Estimates. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Fall River County
Affordability Verdict
ACS B25071 estimates median gross rent at 24.6% of renter household income in Fall River 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 $931 per month; median selected monthly owner costs are $861. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $37,240 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. Fall River County's $931 median is 18.6% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Fall River County
Rent Burden
16.4%
of gross income
Max Housing (28% Rule)
$1,585
per month
Owner Cost Burden
15.2%
of gross income
You can likely afford the median home in Fall River County
Median home value is $193,200. Estimated monthly cost: $1,542 vs. your max of $1,585.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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 Fall River County, South Dakota?
What is the median rent in Fall River County?
Is Fall River County affordable?
How does Fall River County's rent compare to the state average?
What is the median home value in Fall River County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Fall River County, South Dakota? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Fall River County
Whether you're buying in Fall River County, South Dakota, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.