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Sherman, SD

Full City Profile · South Dakota · Rock County County

3.1 /5.0
B Good
55 Population 212/sq mi density
$46,875 Median Income $34,409 per capita
$91,000 Home Value $272,411 Zillow
$1,125 Median Rent 30.3% income on rent
45°F Avg Temperature 291 sunny days/yr
10 Violent Crime/100K 258 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$46,875 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$91,000 home value, $1,125/mo rent
D
Safety
1.7 / 5.0
10 violent crimes/100K
D
Education
1.7 / 5.0
9.1% bachelor's degree or higher

Housing Overview

Median Home Value
$91,000
68% below
US avg: $281,900
Median Rent
$1,125/mo
3% below
US avg: $1,163/mo
Homeownership Rate
85.2%
30% above US avg (65.4%)
Total Housing Units
24
Median year built: 1948

Home Value by Source

Census Median
$91,000
Zillow (ZHVI)
$272,411
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.2%
Owner-Occupied
14.8%
Renter-Occupied
85%
15%
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: $1,125/mo

Affordability & Housing Stock

Rent Burden
30.3%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
85.2%

Complete Housing Data

Home Values

Census Median Value$91,000
Zillow Home Value (ZHVI)$272,411

Rent

Census Median Rent$1,125
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-Occupied85.2%
Renter-Occupied14.8%
Homeownership Rate85.2%
Total Housing Units24
Median Year Built1948
Rent Burden30.3%