Housing & Real Estate — Lake Madison, South Dakota
Overview
| Total Housing Units | 886 |
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| Occupied | 423 |
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| Vacant | 463 |
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| Owner-Occupied | 374 |
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| Renter-Occupied | 49 |
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| Median Home Value (Census) | $477,800 |
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| Estimated 2026 | ~$557,000 |
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| Median Rent | $595/mo |
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| Median Property Tax | $4,403/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | N/A |
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| Rent as % of Income | N/A% |
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| Severely Rent-Burdened | 6.8% |
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Housing Age
| Built 2010 or later | 206 |
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| Built 2000-2009 | 67 |
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| Built 1990-1999 | 175 |
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| Built before 1960 | 71 |
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| Median Year Built | 1990 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
