housing costs · South Dakota
Housing costs in Pennington County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,120 | ± $40 | evidence → |
| 2019–2023 | $1,066 | ± $35 | evidence → |
| 2018–2022 | $996 | ± $36 | evidence → |
| 2017–2021 | $911 | ± $26 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $302,200 | ± $9,091 | evidence → |
| 2019–2023 | $270,400 | ± $5,389 | evidence → |
| 2018–2022 | $247,800 | ± $6,165 | evidence → |
| 2017–2021 | $210,900 | ± $5,637 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 29.5 % | ± 1.3 % | evidence → |
| 2019–2023 | 29.1 % | ± 1.3 % | evidence → |
| 2018–2022 | 29.0 % | ± 1.0 % | evidence → |
| 2017–2021 | 28.5 % | ± 1.3 % | evidence → |
In context
Median rent in Pennington County is $1,120, above the South Dakota median of $762 across 66 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.