2026 Affordability Data
Most Affordable Neighborhoods in Pierre - 2026 Data
The median home value in Pierre is $216,700, 23% below nat'l avg. Median rent is $792/month. With an affordability index of 314, Pierre is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Pierre, SD area.
Key Takeaways: Affordability in Pierre
- 1The most affordable neighborhood in Pierre is Watertown, with a median home value of $198,100.
- 2Pierre's median home value is $216,700, 23% below nat'l avg (national: $281,900).
- 3Pierre's affordability index is 314 (baseline 100), making it more affordable than the national average.
- 4Median rent in Pierre is $792/month, 32% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Pierre to find the most affordable areas based on home values, rent, and affordability index.
Pierre Affordability Overview
Median Home Value
$216,700
23% below nat'l avg
Median Rent
$792/mo
32% below nat'l avg
Median Income
$80,473
8% above nat'l avg
Affordability Index
314
214% above nat'l avg
Most Affordable Neighborhoods in Pierre (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | WatertownSD | $198,100 |
| 2 | VermillionSD | $192,400 |
| 3 | AberdeenSD | $192,200 |
| 4 | HuronSD | $133,600 |
| 5 | MitchellSD | $168,400 |
| 6 | Box ElderSD | $264,600 |
| 7 | BrandonSD | $304,700 |
| 8 | YanktonSD | $191,400 |
| 9 | SpearfishSD | $271,400 |
| 10 | BrookingsSD | $222,100 |
| 11 | RapidSD | $240,000 |
| 12 | Sioux FallsSD | $250,000 |
| 13 | North Sioux CitySD | $198,600 |
| 14 | TeaSD | $268,500 |
| 15 | Dell RapidsSD | $256,900 |
Detailed Neighborhood Profiles
Home Value: $198,100
Rent: $792/mo
Affordability: 314
Population: 22,718
Home Value: $192,400
Rent: $792/mo
Affordability: 314
Population: 11,667
Home Value: $192,200
Rent: $792/mo
Affordability: 314
Population: 28,388
4
Home Value: $133,600
Rent: $792/mo
Affordability: 314
Population: 14,179
5
Home Value: $168,400
Rent: $792/mo
Affordability: 314
Population: 15,656
6
Home Value: $264,600
Rent: $792/mo
Affordability: 314
Population: 11,905
7
Home Value: $304,700
Rent: $792/mo
Affordability: 314
Population: 10,919
8
Home Value: $191,400
Rent: $792/mo
Affordability: 314
Population: 15,421
9
Home Value: $271,400
Rent: $792/mo
Affordability: 314
Population: 12,268
10
Home Value: $222,100
Rent: $792/mo
Affordability: 314
Population: 23,530
11
Home Value: $240,000
Rent: $797/mo
Affordability: 63
Population: 74,703
Walk Score: 83/100
12
Home Value: $250,000
Rent: $739/mo
Affordability: 47
Population: 192,517
Walk Score: 89/100
13
Home Value: $198,600
Population: 2,984
14
Home Value: $268,500
Rent: $1,131/mo
Population: 5,922
15
Home Value: $256,900
Rent: $915/mo
Population: 3,953
Frequently Asked Questions About Affordability in Pierre
What is the most affordable neighborhood in Pierre, SD?▾
Based on 2026 data, Watertown is the most affordable neighborhood in Pierre with a median home value of $198,100. Kurby analyzed 15 neighborhoods in the Pierre area to compile these rankings.
What is the median home price in Pierre, SD?▾
The median home price in Pierre is $216,700, which is 23% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Pierre affordable compared to the national average?▾
Pierre has an affordability index of 314, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Pierre, SD?▾
The median monthly rent in Pierre is $792. This is 32% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Pierre?▾
The median household income in Pierre is $80,473 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Pierre are below the national average home price?▾
14 out of 15 ranked neighborhoods in Pierre have a median home value below the national average of $281,900. The most affordable is Watertown at $198,100 (Source: Kurby, 2026).