New Underwood, SD
Full City Profile · South Dakota · Pennington County County
3.3
/5.0
B
Good
538
Population
371/sq mi density
$54,167
Median Income
$21,088 per capita
$188,700
Home Value
$442,394 Zillow
$862
Median Rent
51.0% income on rent
47°F
Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$54,167 median income, 7.8% unemployment
A+
Affordability
4.7 / 5.0
$188,700 home value, $862/mo rent
D
Education
1.9 / 5.0
11.8% bachelor's degree or higher
Housing Overview
Median Home Value
$188,700
33% below
US avg: $281,900
Median Rent
$862/mo
26% below
US avg: $1,163/mo
Homeownership Rate
69.4%
6% above US avg (65.4%)
Total Housing Units
245
Median year built: 1972
Home Value by Source
Census Median
$188,700
Zillow (ZHVI)
$442,394
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.4%
Owner-Occupied
30.6%
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:
$862/mo
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
69.4%
Complete Housing Data
Home Values
| Census Median Value | $188,700 |
| Zillow Home Value (ZHVI) | $442,394 |
Rent
| Census Median Rent | $862 |
| 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 | 69.4% |
| Renter-Occupied | 30.6% |
| Homeownership Rate | 69.4% |
| Total Housing Units | 245 |
| Median Year Built | 1972 |
| Rent Burden | 51.0% |