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Housing in Willow Lake

A typical Willow Lake home is worth roughly $149,000

No new homes were permitted in 2025.

Typical home value
$149K
SD $322K
Estimate
2-bedroom rent
$940
a month, utilities in · HUD
Median tax bill
$2,212
SD $2,724

What kind of housing town is Willow Lake?

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

★ What stands out · Affordability

What it takes to buy in Willow Lake

Try your own numbers below.

You could afford about
$286,000
Typical Willow Lake home $149K

That covers a typical Willow Lake home, with $137K to spare.

The typical home, each month
$910
Loan $740Tax $130Insurance $40

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

The homes

62% of Willow Lake households own their home

Half of Willow Lake’s homes were built before 1949.

Owners and renters
Own 62%Rent 38%

South Dakota: 69% own.

1949
typical home built · SD 1980
$2,212
median property tax bill · SD $2,724
3%
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.

Renting

A two-bedroom rents for about $940

Renters already here pay a median of $815, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$650
1 bedroom$760
2 bedrooms$940
3 bedrooms$1,200
4 bedrooms$1,310
38%
of households rent · SD 31%
42
renter households
$815
median rent paid today · Census

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.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Willow Lake in 2025. The last year with any was 2005 (2 new homes).

Single-family
012 200320052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
0
homes in the past 10 years
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—
2005220$257,000
2004000—
2003000—

Willow Lake'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 Willow Lake buyers, sellers and renters are saying.

Town Square →
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Is Willow Lake 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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