Real Estate Investing in Waubay, South Dakota

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

1 ZIP codes • Population: 1,226 • Day County

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

🏠 For Homebuyers
CAUTION
Grade D (46/100)

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
  • High vacancy: 50.5% of homes vacant — above national norms.

What’s happening in Waubay, SD?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.6% 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 $308,636
Avg Monthly Rent $909
ZIP Codes 1

Investing in Waubay Real Estate

Waubay (South Dakota) spans 1 ZIPs and roughly a sizable population. firmly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

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. Waubay is in that category.

The $909/mo / $309K relationship in Waubay looks tepid once vacancy and capex are incorporated into underwriting. tilts toward the realized yield tends to disappoint.

The 0% renter share in Waubay masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

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

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Avg Home Value
$308,636
Avg Monthly Rent
$909
1% Rule
✗ Below
Landlord Friendly (SD)

ZIP Codes in Waubay, SD

Screen every ZIP in Waubay

Filter Waubay’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 Waubay, SD

Is Waubay, SD a good place for real estate investing?

With a 3.0/5 investability score, Waubay, SD ranks as a solid market for rental property investors. Median prices of $309K and rents of $909/mo drive the underlying numbers.

What are home prices like in Waubay, SD?

Homes in Waubay, SD typically sell near $309K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.

What real estate strategy is ideal for Waubay, SD?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Waubay, SD. The numbers - $309K homes against $909/mo rents - support that play.

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

The landlord environment in Waubay, SD is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What is the typical rental rate in Waubay, SD?

Expect rents around $909/mo per month in Waubay, SD. With home values at $309K, the yield math works out to reasonable levels for rental investors.

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