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Housing in Flandreau

A typical Flandreau home is worth roughly $150,000

Builders were permitted 1 new home in 2025.

Typical home value
$150K
SD $322K
Estimate
2-bedroom rent
$940
a month, utilities in · HUD
Median tax bill
$2,153
SD $2,724

What kind of housing town is Flandreau?

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

★ What stands out · Affordability

A typical home costs 3.1 years of income

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

You could afford about
$178,000
Typical Flandreau home $150K

That covers a typical Flandreau home, with $27K to spare.

The typical home, each month
$970
Loan $740Tax $180Insurance $40

A two-bedroom rents for about $940 a month here, $30 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Flandreau’s typical property tax (1.43% 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 $940

Renters already here pay a median of $763, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$650
1 bedroom$720
2 bedrooms$940
3 bedrooms$1,260
4 bedrooms$1,460
42%
of households rent · SD 31%
409
renter households
52%
of renters spend 30%+ of income on rent · SD 40%
23%
of the median income, for a two-bedroom
$763
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Moody 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

1 new home permitted in 2025

Builders were permitted 1 new home in Flandreau in 2025. That's 0.4 per 1,000 residents, slower than across South Dakota (6.6). Over the past 10 years, Flandreau has permitted 25 homes in all.

Single-family2+ homes per building
0510 200020052010201520202025
1
new homes permitted in 2025
0
2026 so far (Jan–Aug)
0.4
per 1,000 residents · SD 6.6
25
homes in the past 10 years
Homes vs. people, 2010–2020
Residents+31
New homes+34

Between the 2010 and 2020 censuses, Flandreau gained 31 residents while 34 new homes were permitted: about 0.9 new residents per new home. Building outpaced population growth, which usually means smaller households or homes 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)000—
2025110$200,000
2024000—
2023440$850,000
2022330$1.1 million
2021330$855,000
2020000—
201910010$822,000
2018110$190,000
2017312$875,000
2016000—
2015716$495,000
2014330$293,000
2013330$814,000
2012220$300,000
2011330$540,000
2010220$325,000
2009220$431,000
2008110$360,000
2007550$873,000
2006880$1.3 million
2005660$911,000
2004862$719,000
2003110$135,000
2002110$55,000
2001220$157,000
2000220$162,000

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

The homes

1 of Flandreau’s houses are on the National Register

Half of Flandreau’s homes were built before 1971.

History →
Owners and renters
Own 58%Rent 42%

South Dakota: 69% own.

1971
typical home built · SD 1980
$2,153
median property tax bill · SD $2,724
1.43%
of a home’s value, a year in tax · SD 1.06%
Historic houses in Flandreau

U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.

Neighbors talk housing

What Flandreau buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Flandreau 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. New homes: U.S. Census Bureau, Building Permits 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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