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Housing in Alexandria

A typical Alexandria home is worth roughly $180,000

Typical home value
$180K
SD $257K
Estimate
2-bedroom rent
$930
a month, utilities in · HUD
Median tax bill
$2,149
SD $2,724

What kind of housing town is Alexandria?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.8 years of income

Less than across South Dakota (3.4 years). Try your own numbers below.

You could afford about
$385,000
Typical Alexandria home $180K

That covers a typical Alexandria home, with $205K to spare.

The typical home, each month
$1,120
Loan $890Tax $180Insurance $50

A two-bedroom rents for about $930 a month here, $190 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Alexandria’s typical property tax (1.19% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $930

Renters already here pay a median of $775, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$640
1 bedroom$820
2 bedrooms$930
3 bedrooms$1,290
4 bedrooms$1,440
17%
of households rent · SD 31%
35
renter households
$775
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Hanson County, SD): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

83% of Alexandria households own their home

Half of Alexandria’s homes were built before 1965.

Owners and renters
Own 83%Rent 17%

South Dakota: 69% own.

1965
typical home built · SD 1980
$2,149
median property tax bill · SD $2,724
1.19%
of a home’s value, a year in tax · SD 1.06%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

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What Alexandria buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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