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Elkton, SD
Full City Profile · South Dakota · Lincoln County County
3.0
/5.0
B
Good
971
Population
652/sq mi density
$58,750
Median Income
$25,186 per capita
$183,800
Home Value
$265,974 Zillow
$850
Median Rent
45.6% income on rent
44°F
Avg Temperature
276 sunny days/yr
524
Violent Crime/100K
1,266 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$58,750 median income, 3.9% unemployment
A+
Affordability
4.9 / 5.0
$183,800 home value, $850/mo rent
F
Safety
1.0 / 5.0
524 violent crimes/100K (38% above avg)
C+
Education
2.9 / 5.0
23.9% bachelor's degree or higher
Housing Overview
Median Home Value
$183,800
35% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
60.5%
7% below US avg (65.4%)
Total Housing Units
331
Median year built: 1974
Home Value by Source
Census Median
$183,800
Zillow (ZHVI)
$265,974
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.5%
Owner-Occupied
39.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent:
$850/mo
Affordability & Housing Stock
Rent Burden
45.6%
of renters spending 30%+ of income on housing
47% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
60.5%
Complete Housing Data
Home Values
| Census Median Value | $183,800 |
| Zillow Home Value (ZHVI) | $265,974 |
Rent
| Census Median Rent | $850 |
| FMR Studio | $691 |
| FMR 1-Bedroom | $784 |
| FMR 2-Bedroom | $990 |
| FMR 3-Bedroom | $1,295 |
| FMR 4-Bedroom | $1,540 |
Market
Ownership & Stock
| Owner-Occupied | 60.5% |
| Renter-Occupied | 39.5% |
| Homeownership Rate | 60.5% |
| Total Housing Units | 331 |
| Median Year Built | 1974 |
| Rent Burden | 45.6% |