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Housing in Veblen

A typical Veblen home is worth roughly $44,000

No new homes were permitted in 2025.

Typical home value
$44K
SD $322K
Estimate
2-bedroom rent
$930
a month, utilities in · HUD
Median tax bill
$590
SD $2,724

What kind of housing town is Veblen?

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

★ What stands out · Affordability

What it takes to buy in Veblen

Try your own numbers below.

You could afford about
$286,000
Typical Veblen home $44K

That covers a typical Veblen home, with $242K to spare.

The typical home, each month
$270
Loan $220Tax $40Insurance $10

A two-bedroom rents for about $930 a month here, $660 more 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 $930

Renters already here pay a median of $713, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$640
1 bedroom$710
2 bedrooms$930
3 bedrooms$1,280
4 bedrooms$1,440
44%
of households rent · SD 31%
49
renter households
$713
median rent paid today · Census

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

No new homes permitted in 2025

No permits for new homes were issued in Veblen in 2025 or in any year since 2000.

Single-family
01 200020052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
0
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−214
New homes+0

Between the 2010 and 2020 censuses, Veblen's population fell by 214 and no new homes were permitted. Across South Dakota: 1.6 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005000—
2004000—
2003000—
2002000—
2001000—
2000000—

Veblen'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.

The homes

56% of Veblen households own their home

Half of Veblen’s homes were built before 1972.

Owners and renters
Own 56%Rent 44%

South Dakota: 69% own.

1972
typical home built · SD 1980
$590
median property tax bill · SD $2,724
1%
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.

Neighbors talk housing

What Veblen buyers, sellers and renters are saying.

Town Square →
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Is Veblen 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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