Iroquois: Housing & Real Estate
Housing in Iroquois centers on a median value of $156,300 (estimated market value runs 9% higher at $170,547), with median rent $504 (1.4× below Kingsbury County median $685; 1.9× below South Dakota median $946). Homeownership rate: 79.9%. That's 1.1× below the Kingsbury County median ($169,500); 1.6× below the South Dakota median ($257,400). Market is warm. Vacancy rate 12.2%. New construction makes up 13.4% of stock. A municipal building code is in effect.
- 2.6× annual income — home value vs. household income (vs South Dakota 4.0×).
- 25.8 years to break even renting at the median (vs South Dakota 24y).
- 4-BR rent is 2.2× a studio — rent gradient by unit size.
- Median rent 47% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $156,300 — 0.6× the South Dakota median ($280,300). Median rent $504/month. homeownership rate 79.9% — above the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 2.6× |
|---|---|
| Affordability · Rent To Income Pct | 10.1% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | very affordable |
| Fair Market Rent · Studio rent | $658 (vs South Dakota $865) |
| Fair Market Rent · One-bedroom rent | $728 (vs South Dakota $970) |
| Fair Market Rent · Two-bedroom rent | $955 (vs South Dakota $1,156) |
| Fair Market Rent · Three-bedroom rent | $1,245 (vs South Dakota $1,586) |
| Fair Market Rent · Four-bedroom rent | $1,472 (vs South Dakota $1,939) |
| Fair Market Rent · HUD FMR area | Beadle County, SD |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $170,547 |
| Median Home Value | $156,300 (vs South Dakota $280,300) |
| Median Rent | $504 (vs South Dakota $983) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 12.2% |
| Housing Market · New construction (% of stock) | 13.4% |
| Housing Market · Price Appreciation 2Yr | 12.9% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (3)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at South Dakota median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at South Dakota median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at South Dakota median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 100.0% (vs South Dakota 78.4%) |
| Broadband · Broadband-capable premises | 186 |
| Electricity · Electricity rate (¢/kWh) | 12.86¢/kWh |
| Electricity · Customers | 433548 |
| Electricity · Revenue Millions | $665 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at South Dakota median) |
| Mobile Broadband · 5G mobile coverage | 1.000000000 (at South Dakota median) |
| Mobile Home Parks Detail · County total | 6 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 79.9% (vs South Dakota 62.2%) |
|---|---|
| Median Year Built | 1977 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12