South Dakota rent vs. buy calculator

The honest break-even — counting what it costs to sell, and what the down payment would have earned if it stayed invested. Both are usually left out, and both favour renting.

Pre-filled with South Dakota’s own sourced figures: a $343,800 median home, a 1.03% effective property tax rate, $2,810 average insurance, and 2.78% annual appreciation. Rent is seeded from HUD FY2026 two-bedroom fair market rent, median across 63 FMR areas in South Dakota. Change anything that does not match your situation.
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Renting

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