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Lake Preston, SD
Full City Profile · South Dakota · Kingsbury County County
3.0
/5.0
B
Good
539
Population
709/sq mi density
$60,917
Median Income
$36,489 per capita
$139,100
Home Value
$245,929 Zillow
$533
Median Rent
40.5% income on rent
45°F
Avg Temperature
276 sunny days/yr
142
Violent Crime/100K
1,332 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$60,917 median income, 0.2% unemployment
A+
Affordability
5.0 / 5.0
$139,100 home value, $533/mo rent
F
Safety
1.0 / 5.0
142 violent crimes/100K
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher
Housing Overview
Median Home Value
$139,100
51% below
US avg: $281,900
Median Rent
$533/mo
54% below
US avg: $1,163/mo
Homeownership Rate
66.8%
2% above US avg (65.4%)
Total Housing Units
293
Median year built: 1972
Home Value by Source
Census Median
$139,100
Zillow (ZHVI)
$245,929
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.8%
Owner-Occupied
33.2%
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:
$533/mo
Affordability & Housing Stock
Rent Burden
40.5%
of renters spending 30%+ of income on housing
31% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
66.8%
Complete Housing Data
Home Values
| Census Median Value | $139,100 |
| Zillow Home Value (ZHVI) | $245,929 |
Rent
| Census Median Rent | $533 |
| 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 | 66.8% |
| Renter-Occupied | 33.2% |
| Homeownership Rate | 66.8% |
| Total Housing Units | 293 |
| Median Year Built | 1972 |
| Rent Burden | 40.5% |