Cost of Living in Sanborn County, South Dakota

$717/mo
Median Monthly Rent
$138,500
Median Home Value
5% below state averageUnaffordable

At a Glance

Median Monthly Rent
$717/mo
5% below state average
Median Home Value
$138,500
51% below national
Rent-to-Income Ratio
27.0%
% 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 Sanborn County Compares

Median monthly rent comparison

Sanborn County$717/mo
South Dakota Average$756/mo
National Median$1,163/mo

Detailed Housing Stats

$717/mo
Median Gross Rent
$138,500
Median Home Value
$751/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Sanborn County, South Dakota

Sanborn rents rank below national average

Sanborn County's rent-to-income ratio of 12.3% sits comfortably below the national average and reflects a rural housing market with solid affordability. With median household income of $69,870 and median rent of $717, residents enjoy housing stability typical of smaller South Dakota counties.

Among South Dakota's most affordable markets

Sanborn County's 12.3% rent-to-income ratio ranks it among the state's most affordable counties, sitting below the 13.8% state average. The $717 median rent reflects a quiet rural setting without the price premiums of urban or tourist-destination counties.

Sanborn balances affordability with income

Sanborn's $717 median rent aligns closely with Roberts County ($656) and Perkins County ($703), while median income of $69,870 exceeds both neighbors. This pairing positions Sanborn as a stable option for rural households seeking affordability with above-average earning potential.

Ownership and rental costs nearly identical

Renters pay $717 monthly while homeowners average $751—just $34 apart, reflecting accessible median home values of $138,500. Both housing types consume roughly 12% of the $69,870 median household income, providing genuine affordability across tenure options.

Sanborn: stable rural living with fair pricing

Sanborn County offers reliable affordability for families seeking small-town life: reasonable rents at $717, solid median income at $69,870, and balanced ownership costs. Whether renting or buying, you'll find housing costs consume a modest share of your earnings, leaving flexibility for other priorities.

Affordability Calculator

See how your income compares to housing costs in Sanborn County

$

Rent Burden

12.3%

of gross income

Max Housing (28% Rule)

$1,630

per month

Owner Cost Burden

12.9%

of gross income

You can likely afford the median home in Sanborn County

Median home value is $138,500. Estimated monthly cost: $1,106 vs. your max of $1,630.

Rent Affordability Guide

Your rent-to-income ratio12.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Sanborn County, South Dakota?
Sanborn County, South Dakota has a median monthly rent of $717/mo and a median home value of $138,500. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Sanborn County?
The median gross rent in Sanborn County is $717/mo. This is 5% below state average for South Dakota.
Is Sanborn County affordable?
Sanborn County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Sanborn County's rent compare to the state average?
Sanborn County's median rent of $717/mo is 5% below state average of $756/mo for South Dakota.
What is the median home value in Sanborn County?
The median home value in Sanborn County, South Dakota is $138,500. This is 51% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Sanborn County, South Dakota? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Sanborn County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.