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Platte, SD

Full City Profile · South Dakota · Charles Mix County County

3.3 /5.0
B Good
1,310 Population 1,248/sq mi density
$71,641 Median Income $34,684 per capita
$165,700 Home Value $323,708 Zillow
$860 Median Rent 23.9% income on rent
48°F Avg Temperature 291 sunny days/yr
317 Violent Crime/100K 158 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$71,641 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$165,700 home value, $860/mo rent
F
Safety
1.0 / 5.0
317 violent crimes/100K
B
Education
3.4 / 5.0
29.7% bachelor's degree or higher

Housing Overview

Median Home Value
$165,700
41% below
US avg: $281,900
Median Rent
$860/mo
26% below
US avg: $1,163/mo
Homeownership Rate
70.1%
7% above US avg (65.4%)
Total Housing Units
602
Median year built: 1963

Home Value by Source

Census Median
$165,700
Zillow (ZHVI)
$323,708
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.1%
Owner-Occupied
29.9%
Renter-Occupied
70%
30%
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: $860/mo

Affordability & Housing Stock

Rent Burden
23.9%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
70.1%

Complete Housing Data

Home Values

Census Median Value$165,700
Zillow Home Value (ZHVI)$323,708

Rent

Census Median Rent$860
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-Occupied70.1%
Renter-Occupied29.9%
Homeownership Rate70.1%
Total Housing Units602
Median Year Built1963
Rent Burden23.9%