Real Estate Investing in Warner, South Dakota

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

1 ZIP codes • Population: 659 • Brown County

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

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 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
CLEAN

No major risk flags on the data we track.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.2% 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 $292,629
Avg Monthly Rent $972
ZIP Codes 1

Investing in Warner Real Estate

This is a distressed-leaning corner of South Dakota: Warner has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

Investors considering Warner, SD should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

decisively Warner's sale market has not rewarded patience. a stretch for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Distressed-leaning demographics in Warner — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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

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Avg Home Value
$292,629
Avg Monthly Rent
$972
1% Rule
✗ Below
Landlord Friendly (SD)

📉 Market Crash Risk Index

Based on Aberdeen, SD metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
65%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Aberdeen, SD metro
0
Days to pending
9.3%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Warner, SD

Screen every ZIP in Warner

Filter Warner’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 Warner, SD

How strong is the working-renter base in Warner, SD?

The renter base in Warner, SD is reasonable for the $972/mo price point. Screening well and pricing to market typically yields measured tenants.

Is Warner, SD a smart market for rental property?

With a 3.0/5 investability score, Warner, SD ranks as a solid market for rental property investors. Median prices of $293K and rents of $972/mo drive the underlying numbers.

How do home values compare in Warner, SD?

Homes in Warner, SD typically sell near $293K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.

Is Warner, SD a friendly market for rental owners?

Warner, SD falls under SD landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

What is the typical vacancy rate in Warner, SD?

Warner, SD vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

Community Ratings

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