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Housing in Cleveland

A typical Cleveland home is worth roughly $368,000

Typical home value
$368K
SD $322K
Estimate
2-bedroom rent
$1,050
a month, utilities in · HUD
Median tax bill
$1,981
SD $2,724

What kind of housing town is Cleveland?

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

★ What stands out · The homes

2 of Cleveland’s houses are on the National Register

Half of Cleveland’s homes were built before 1958.

History →
Owners and renters
Own 100%

South Dakota: 69% own.

1958
typical home built · SD 1980
$1,981
median property tax bill · SD $2,724
35%
of homes are seasonal or vacation homes
Historic houses in Cleveland

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

Affordability

What it takes to buy in Cleveland

Try your own numbers below.

You could afford about
$286,000
Typical Cleveland home $368K

That’s $83K short of a typical Cleveland home.

The typical home, each month
$2,260
Loan $1,820Tax $320Insurance $110

A two-bedroom rents for about $1,050 a month here, $1,210 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the South Dakota typical property tax (1.06% 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 $1,050

Fair Market Rent a month, utilities included

Studio$720
1 bedroom$800
2 bedrooms$1,050
3 bedrooms$1,370
4 bedrooms$1,420
0%
of households rent · SD 31%

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

Neighbors talk housing

What Cleveland buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Cleveland still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

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. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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