Real Estate Investing in Sturgis, South Dakota

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 12,747 • Meade County

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Should you buy in Sturgis, SD? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (47/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.6% vacancy may signal weakening demand.

What’s happening in Sturgis, SD?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.5% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $421,248
Avg Monthly Rent $900
ZIP Codes 2

Investing in Sturgis Real Estate

Across Sturgis's 2 ZIPs, the picture is muted: $421K median values, $900/mo rents, and a population that has faced real economic pressure.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Sturgis is in that category.

Rents in Sturgis at $900/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Population dynamics in Sturgis haven't been supportive. a challenging fit for combined with muted income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Rapid City, SD

Sturgis is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Sturgis, SD. Anonymous, moderated, never written by AI.

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Avg Home Value
$421,248
Avg Monthly Rent
$900
1% Rule
✗ Below
Landlord Friendly (SD)

📉 Market Crash Risk Index

Based on Rapid City, SD metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
61%
Days Pending
1/2
50 days

View all metro crash risk rankings →

❄️ Cool Market — Rapid City, SD metro
50
Days to pending
10.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Sturgis, SD

Screen every ZIP in Sturgis

Filter Sturgis’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Sturgis, SD

Where do home prices stand in Sturgis, SD?

Expect median prices around $421K in Sturgis, SD. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.

How much is rent in Sturgis, SD?

Average rent in Sturgis, SD is approximately $900/mo per month. Against $421K home values that yields a reasonable rent-to-price ratio.

Is the tenant base reliable in Sturgis, SD?

Sturgis, SD offers a even-keeled renter base at the $900/mo rent level. Tenant turnover is reasonable for well-managed properties.

Does house hacking make sense in Sturgis, SD?

The a challenging house-hack environment in Sturgis, SD reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

What is it like being a landlord in Sturgis, SD?

Landlord-friendliness in Sturgis, SD is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

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