Cost of Living in Hyde County, South Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Hyde County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Hyde County, South Dakota
Hyde County rents stretch household budgets
Renters in Hyde County spend 14.9% of their income on housing—above the state average of 13.8% and significantly higher than the national norm. A median rent of $921 monthly against a $74,279 income signals tightening affordability for renters in this rural county.
Mid-pack affordability among South Dakota counties
With a 14.9% rent-to-income ratio, Hyde County sits slightly below the South Dakota average, though it faces more housing pressure than counties like Hutchinson and Jerauld. The county's above-average median rent makes it one of the pricier rural communities in the state.
Higher rents than surrounding rural counties
Hyde's $921 median rent significantly exceeds nearby Hutchinson ($714) and Kingsbury ($725), placing it among the more expensive rural areas. However, median home values of $134,500 remain moderate compared to counties with higher ownership costs.
Nearly 15% of income goes to rent
Renters here dedicate $921 of their $74,279 monthly income to housing, consuming 14.9% of earnings. Homeowners face a steeper $823 monthly mortgage cost, making ownership relatively more affordable than renting in Hyde County.
Compare carefully before relocating here
Hyde County's rent-to-income ratio exceeds state and national averages, so renters should weigh higher costs against the county's rural character and amenities. Prospective homeowners may find better value here, where monthly mortgage costs sit below the rent burden.
Affordability Calculator
See how your income compares to housing costs in Hyde County
Rent Burden
14.9%
of gross income
Max Housing (28% Rule)
$1,733
per month
Owner Cost Burden
13.3%
of gross income
You can likely afford the median home in Hyde County
Median home value is $134,500. Estimated monthly cost: $1,074 vs. your max of $1,733.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.