Cost of Living in Moody County, South Dakota

$723/mo
Median Monthly Rent
$206,300
Median Home Value
4% below state averageUnaffordable

At a Glance

Median Monthly Rent
$723/mo
4% below state average
Median Home Value
$206,300
27% below national
Rent-to-Income Ratio
21.0%
% 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 Moody County Compares

Median monthly rent comparison

Moody County$723/mo
South Dakota Average$756/mo
National Median$1,163/mo

Detailed Housing Stats

$723/mo
Median Gross Rent
$206,300
Median Home Value
$871/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Moody County, South Dakota

Moody's rents rank well below national average

At just 11.2% of median household income, Moody County's rent-to-income ratio sits comfortably below the national benchmark and gives residents significantly more breathing room. With median household income of $77,500 and median rent at $723, this county offers one of the most affordable rental markets in the region.

Best housing affordability in South Dakota comparison

Moody County ranks as the most affordable rental market among the eight South Dakota counties examined, with a 11.2% rent-to-income ratio well below the state average of 13.8%. Its median rent of $723 undercuts the state average by $33, providing genuine relief for budget-conscious renters.

Moody undercuts all regional competitors on rent

Moody County's $723 median rent beats Roberts County ($656) by just $67 but significantly undercuts Minnehaha ($954) and Pennington ($1,066). Among mid-sized counties, Moody offers the sweet spot: lower costs than urban centers with better incomes than the most rural areas.

Balanced housing costs across tenure types

Renters pay $723 monthly while homeowners average $871—a modest 20% difference that reflects affordable property values of $206,300. At both price points, housing costs consume under 12% of the median $77,500 household income, leaving substantial room for other expenses.

Moody County: best value in South Dakota

For families prioritizing affordability without sacrificing income potential, Moody County delivers: strong median income of $77,500 paired with the lowest rents in this comparison. You'll find both rental and ownership housing accessible, with costs leaving 88% of your income for everything else.

Affordability Calculator

See how your income compares to housing costs in Moody County

$

Rent Burden

11.2%

of gross income

Max Housing (28% Rule)

$1,808

per month

Owner Cost Burden

13.5%

of gross income

You can likely afford the median home in Moody County

Median home value is $206,300. Estimated monthly cost: $1,647 vs. your max of $1,808.

Rent Affordability Guide

Your rent-to-income ratio11.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Moody County, South Dakota?
Moody County, South Dakota has a median monthly rent of $723/mo and a median home value of $206,300. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in Moody County?
The median gross rent in Moody County is $723/mo. This is 4% below state average for South Dakota.
Is Moody County affordable?
Moody County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Moody County's rent compare to the state average?
Moody County's median rent of $723/mo is 4% below state average of $756/mo for South Dakota.
What is the median home value in Moody County?
The median home value in Moody County, South Dakota is $206,300. This is 27% 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.