Cost of Living in Stanley County, South Dakota

$896/mo

Median Monthly Rent

$169,900

Median Home Value

19% above state averageUnaffordable

At a Glance

Median Monthly Rent

$896/mo

19% above state average

Median Home Value

$169,900

40% below national

Rent-to-Income Ratio

24.0%

% 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 Stanley County Compares

Median monthly rent comparison

Stanley County$896/mo

South Dakota Average$756/mo

National Median$1,163/mo

Detailed Housing Stats

$896/mo

Median Gross Rent

$169,900

Median Home Value

$1,030/mo

Monthly Owner Cost

24.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Stanley County, South Dakota

Stanley County rents edge above average

Stanley County's rent-to-income ratio of 14.0% sits slightly above the South Dakota state average of 13.8%, meaning renters here spend a bit more relative to earnings than neighbors. At $896 monthly rent against a $77,000 median household income, the county remains affordable by national standards, though rents are climbing.

Mid-range affordability in South Dakota

Stanley County's 14.0% rent-to-income ratio places it in the middle tier of South Dakota counties for affordability. The median rent of $896 runs $140 above the state average, reflecting Stanley's positioning as a more expensive county within the state's housing market.

Stanley commands higher rents locally

Stanley County's median rent of $896 significantly exceeds nearby Spink County ($691) and Sully County ($913), placing it among the pricier corners of central South Dakota. However, Stanley's higher median household income of $77,000 provides some cushion against these elevated housing costs.

Housing takes a bigger slice here

Renters spend 14.0% of income on rent, while homeowners allocate roughly 16.1% to monthly ownership costs ($1,030 against $77,000 income). Both housing types consume more household budget in Stanley County than in lower-cost neighboring areas.

Stanley County for established households

Stanley County suits relocators with solid incomes seeking a rural setting, though housing costs run higher than many South Dakota alternatives. The median home value of $169,900 and monthly ownership costs near $1,030 require stronger household finances than lower-cost counties nearby.

Affordability Calculator

See how your income compares to housing costs in Stanley County

Your Annual Household Income

Rent Burden

14.0%

of gross income

Max Housing (28% Rule)

$1,797

per month

Owner Cost Burden

16.1%

of gross income

You can likely afford the median home in Stanley County

Median home value is $169,900. Estimated monthly cost: $1,356 vs. your max of $1,797.

Rent Affordability Guide

Your rent-to-income ratio14.0%

Recommended max30.0%

Frequently Asked Questions

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

Stanley County, South Dakota has a median monthly rent of $896/mo and a median home value of $169,900. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.

What is the median rent in Stanley County?

The median gross rent in Stanley County is $896/mo. This is 19% above state average for South Dakota.

Is Stanley County affordable?

Stanley County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Stanley County's rent compare to the state average?

Stanley County's median rent of $896/mo is 19% above state average of $756/mo for South Dakota.

What is the median home value in Stanley County?

The median home value in Stanley County, South Dakota is $169,900. This is 40% below the national median home value of $281,900.