Cost of Living in Minnehaha 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 Minnehaha County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Minnehaha County ranks #2,421 of 3,142 counties for affordability (bottom 23%)
Sourced county brief
Minnehaha County Monthly Owner Costs Exceed State Unweighted Mean
In Minnehaha County, the median selected monthly owner cost for all owner-occupied units was estimated at $1,338. This figure is $485 above the South Dakota unweighted county mean of $853. The median gross rent in the county was $978 per month, while the median home value reached $287,600. Regarding renter affordability, the official ACS B25071 Gross Rent as a Percentage of Household Income (GRAPI) was 26.4%. This official GRAPI measure is 3.7 percentage points higher than the South Dakota unweighted county mean of 22.7%. The median renter-household income in the county was reported at $46,405. These statistics represent a snapshot from the 2020-2024 period and characterize the local housing financial landscape without reference to external market trends. 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: Minnehaha County
Affordability Verdict
ACS B25071 estimates median gross rent at 26.4% of renter household income in Minnehaha 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 $978 per month; median selected monthly owner costs are $1,338. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $39,120 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. Minnehaha County's $978 median is 24.6% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Minnehaha County
Rent Burden
15.3%
of gross income
Max Housing (28% Rule)
$1,794
per month
Owner Cost Burden
20.9%
of gross income
The median home in Minnehaha County may be a stretch
Median home value is $287,600. Estimated monthly cost: $2,296 vs. your max of $1,794.
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 Minnehaha County, South Dakota?
What is the median rent in Minnehaha County?
Is Minnehaha County affordable?
How does Minnehaha County's rent compare to the state average?
What is the median home value in Minnehaha County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Minnehaha County, South Dakota? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Minnehaha County
Whether you're buying in Minnehaha 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.