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Housing in Scandinavia

A typical Scandinavia home is worth roughly $564,000

Typical home value
$564K
SD $322K
Estimate
2-bedroom rent
$1,140
a month, utilities in · HUD
Median tax bill
$2,125
SD $2,724

What kind of housing town is Scandinavia?

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

★ What stands out · Affordability

What it takes to buy in Scandinavia

Try your own numbers below.

You could afford about
$286,000
Typical Scandinavia home $564K

That’s $278K short of a typical Scandinavia home.

The typical home, each month
$3,450
Loan $2,790Tax $500Insurance $160

A two-bedroom rents for about $1,140 a month here, $2,310 less than owning.

Where your budget reaches nearby

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 $1,140

Fair Market Rent a month, utilities included

Studio$820
1 bedroom$880
2 bedrooms$1,140
3 bedrooms$1,560
4 bedrooms$1,730
12%
of households rent · SD 31%
2
renter households

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

88% of Scandinavia households own their home

Half of Scandinavia’s homes were built before 1961.

Owners and renters
Own 88%Rent 12%

South Dakota: 69% own.

1961
typical home built · SD 1980
$2,125
median property tax bill · SD $2,724
10%
of homes are seasonal or vacation homes

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

Next door

Scandinavia vs. its neighbors

The towns that share a border with Scandinavia. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Scandinavia$564K*—$1,140—$124,219
Toronto——$1,1100$53,125
Hendricks$235K+10.1%$970—$88,958

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Scandinavia buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Scandinavia 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. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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