Cost of Living in Miner County, South Dakota

$563/mo
Median Monthly Rent
$114,100
Median Home Value
26% below state averageUnaffordable

At a Glance

Median Monthly Rent
$563/mo
26% below state average
Median Home Value
$114,100
60% below national
Rent-to-Income Ratio
15.0%
% 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 Miner County Compares

Median monthly rent comparison

Miner County$563/mo
South Dakota Average$756/mo
National Median$1,163/mo

Detailed Housing Stats

$563/mo
Median Gross Rent
$114,100
Median Home Value
$668/mo
Monthly Owner Cost
15.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Miner County, South Dakota

Miner County: rare national affordability

Miner County's 9.3% rent-to-income ratio ranks among America's most affordable housing markets, with renters dedicating less than one-tenth of income to shelter. At just $563 median rent and $72,589 household income, Miner delivers genuine breathing room compared to national norms.

South Dakota's affordability champion

Miner County's 9.3% rent-to-income ratio is the lowest in this eight-county comparison and substantially below South Dakota's state average of 13.8%. With median rent of $563—25% cheaper than the state average of $756—Miner stands alone as the state's most accessible housing market in this cohort.

Lowest burden among all eight

Miner County's $563 rent ties McPherson County's for cheapest in the region, but Miner pairs it with a 9.3% burden—the absolute lowest, beating every neighbor. This combination makes Miner the genuine affordability champion, offering true financial relief for renters.

Housing claims minimal earnings

Renters spend $563 monthly while homeowners face $668 against Miner's $72,589 income, meaning housing claims just 9-11% of gross earnings. This leaves maximum flexibility for savings, transportation, childcare, and other essentials compared to any peer county.

Best overall affordability option

Miner County emerges as the eight-county affordability leader, combining South Dakota's lowest rent-to-income ratio (9.3%) with accessible homeownership at $114,100 median value. For renters or buyers prioritizing maximum financial flexibility over premium amenities, Miner County delivers unmatched South Dakota affordability.

Affordability Calculator

See how your income compares to housing costs in Miner County

$

Rent Burden

9.3%

of gross income

Max Housing (28% Rule)

$1,694

per month

Owner Cost Burden

11.0%

of gross income

You can likely afford the median home in Miner County

Median home value is $114,100. Estimated monthly cost: $911 vs. your max of $1,694.

Rent Affordability Guide

Your rent-to-income ratio9.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Miner County, South Dakota?
Miner County, South Dakota has a median monthly rent of $563/mo and a median home value of $114,100. The affordability rating is Unaffordable, with rent making up approximately 15.0% of median household income.
What is the median rent in Miner County?
The median gross rent in Miner County is $563/mo. This is 26% below state average for South Dakota.
Is Miner County affordable?
Miner County is rated Unaffordable based on rent-to-income ratio of 15.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Miner County's rent compare to the state average?
Miner County's median rent of $563/mo is 26% below state average of $756/mo for South Dakota.
What is the median home value in Miner County?
The median home value in Miner County, South Dakota is $114,100. This is 60% 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.