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Housing in Armour

A typical Armour home is worth roughly $106,000

Builders were permitted 6 new homes in 2025.

Typical home value
$106K
SD $322K
Estimate
2-bedroom rent
$930
a month, utilities in · HUD
Median tax bill
$1,673
SD $2,724

What kind of housing town is Armour?

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

★ What stands out · Affordability

A typical home costs 1.3 years of income

Less than across South Dakota (4.3 years). Try your own numbers below.

You could afford about
$291,000
Typical Armour home $106K

That covers a typical Armour home, with $186K to spare.

The typical home, each month
$690
Loan $520Tax $140Insurance $30

A two-bedroom rents for about $930 a month here, $240 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Armour’s typical property tax (1.59% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

76% of Armour households own their home

Half of Armour’s homes were built before 1954.

Owners and renters
Own 76%Rent 24%

South Dakota: 69% own.

1954
typical home built · SD 1980
$1,673
median property tax bill · SD $2,724
1.59%
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.

Renting

A two-bedroom rents for about $930

Renters already here pay a median of $825, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$680
1 bedroom$720
2 bedrooms$930
3 bedrooms$1,190
4 bedrooms$1,450
24%
of households rent · SD 31%
66
renter households
$825
median rent paid today · Census

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

New construction

6 new homes permitted in 2025

Builders were permitted 6 new homes in Armour in 2025, all single-family houses, worth about $2.7 million to build. Over the past 10 years, Armour has permitted 34 homes in all.

Single-family
0246 200020052010201520202025
6
new homes permitted in 2025
4
2026 so far (Jan–Aug)
34
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−1
New homes+13

Between the 2010 and 2020 censuses, Armour's population fell by 1 even though 13 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across South Dakota: 1.6 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)440$1.8 million
2025660$2.7 million
2024660$2.7 million
2023440$1.8 million
2022220$900,000
2021330$590,000
2020330$590,000
2019330$590,000
2018330$590,000
2017220$375,000
2016220$375,000
2015220$375,000
2014110$165,000
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005000—
2004110$125,000
2003000—
2002000—
2001000—
2000110$85,000

Armour's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Neighbors talk housing

What Armour buyers, sellers and renters are saying.

Town Square →
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Is Armour still affordable for young families?

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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. New homes: U.S. Census Bureau, Building Permits 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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