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Hot Springs, SD
Full City Profile · South Dakota · Fall River County County
2.8
/5.0
C+
Fair
3,506
Population
808/sq mi density
$49,688
Median Income
$37,042 per capita
$168,200
Home Value
$335,202 Zillow
$854
Median Rent
41.3% income on rent
49°F
Avg Temperature
302 sunny days/yr
316
Violent Crime/100K
947 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$49,688 median income, 1.6% unemployment
A+
Affordability
4.8 / 5.0
$168,200 home value, $854/mo rent
F
Safety
1.0 / 5.0
316 violent crimes/100K
C
Education
2.5 / 5.0
18.2% bachelor's degree or higher
Housing Overview
Median Home Value
$168,200
40% below
US avg: $281,900
Median Rent
$854/mo
27% below
US avg: $1,163/mo
Homeownership Rate
65.2%
0% below US avg (65.4%)
Total Housing Units
1,946
Median year built: 1960
Home Value by Source
Census Median
$168,200
Zillow (ZHVI)
$335,202
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.2%
Owner-Occupied
34.8%
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:
$854/mo
Affordability & Housing Stock
Rent Burden
41.3%
of renters spending 30%+ of income on housing
33% above US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
65.2%
Complete Housing Data
Home Values
| Census Median Value | $168,200 |
| Zillow Home Value (ZHVI) | $335,202 |
Rent
| Census Median Rent | $854 |
| 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 | 65.2% |
| Renter-Occupied | 34.8% |
| Homeownership Rate | 65.2% |
| Total Housing Units | 1,946 |
| Median Year Built | 1960 |
| Rent Burden | 41.3% |