Cost of Living in Jerauld County, South Dakota

$565/mo

Median Monthly Rent

$127,000

Median Home Value

25% below state averageUnaffordable

At a Glance

Median Monthly Rent

$565/mo

25% below state average

Median Home Value

$127,000

55% 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 Jerauld County Compares

Median monthly rent comparison

Jerauld County$565/mo

South Dakota Average$756/mo

National Median$1,163/mo

Detailed Housing Stats

$565/mo

Median Gross Rent

$127,000

Median Home Value

$730/mo

Monthly Owner Cost

18.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Jerauld County, South Dakota

Jerauld County offers exceptional affordability

Renters in Jerauld County spend just 9.0% of their income on housing—the lowest ratio in this cohort and well below South Dakota's 13.8% average. A $565 monthly rent paired with a $75,417 median income creates one of the state's most affordable rental markets.

South Dakota's most affordable rental county

With a 9.0% rent-to-income ratio, Jerauld County outperforms every other county in this analysis and ranks among the best in the entire state. This advantage reflects both moderate rents and strong household incomes that exceed the national median.

Cheapest rents in the region by far

Jerauld's $565 median rent significantly undercuts nearby Kingsbury ($725), Lake ($868), and Hyde ($921), making it the clear value leader across surrounding counties. The combination of low rents and strong incomes creates a uniquely favorable situation.

Renters keep 91 cents of every dollar

At just $565 monthly rent against a $75,417 income, Jerauld renters dedicate only 9.0% of earnings to housing. Homeowners pay slightly more at $730 monthly, but this remains one of the most affordable ownership situations in the region.

Jerauld is South Dakota's affordability sweet spot

If housing costs are a primary concern, Jerauld County delivers exceptional value with the state's lowest rent-to-income ratio and competitive home prices. The county combines modest housing expenses with strong median incomes, making it ideal for budget-conscious relocators.

Affordability Calculator

See how your income compares to housing costs in Jerauld County

Your Annual Household Income

Rent Burden

9.0%

of gross income

Max Housing (28% Rule)

$1,760

per month

Owner Cost Burden

11.6%

of gross income

You can likely afford the median home in Jerauld County

Median home value is $127,000. Estimated monthly cost: $1,014 vs. your max of $1,760.

Rent Affordability Guide

Your rent-to-income ratio9.0%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Jerauld County, South Dakota?

Jerauld County, South Dakota has a median monthly rent of $565/mo and a median home value of $127,000. The affordability rating is Unaffordable, with rent making up approximately 18.0% of median household income.

What is the median rent in Jerauld County?

The median gross rent in Jerauld County is $565/mo. This is 25% below state average for South Dakota.

Is Jerauld County affordable?

Jerauld 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 Jerauld County's rent compare to the state average?

Jerauld County's median rent of $565/mo is 25% below state average of $756/mo for South Dakota.

What is the median home value in Jerauld County?

The median home value in Jerauld County, South Dakota is $127,000. This is 55% below the national median home value of $281,900.