Real Estate Investing in Hughes County, South Dakota

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

3 ZIP codes • Population: 18,208

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

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed signals β€” some positives, some negatives. Worth considering but not a slam-dunk.

πŸ“ˆ For Investors
WEAK
2.7 / 5 (42/100)

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: 8.3% vacancy may signal weakening demand.

What’s happening in Hughes County, SD?

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2.7/ 5

Investability

County-wide average

3.0/ 5

Appreciation

4.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $294,323
Avg Monthly Rent $1,036
ZIP Codes 3

Investing in Hughes County Real Estate

Hughes County is one of those South Dakota regions where numbers warn before they reward. 2 cities, 18,208 residents, and a rating that reflects material risk.

Hughes is the kind of county where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state capital should be especially careful with carry-in assumptions.

Distressed-leaning demographics in Hughes β€” soft income growth, high rent burden, population shifts β€” are among the reasons the β˜…β˜…β˜…β˜†β˜† rating sits where it does.

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Landlord Ground Truth

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

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Avg Home Value
$294,323
Avg Monthly Rent
$1,036
1% Rule
βœ— Below
Landlord Friendly (SD)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Pierre, SD metro

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

View all metro crash risk rankings β†’

Cities in Hughes County

ZIP Codes in Hughes County, SD

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Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Hughes County

How strong are rents in, SD?

The typical rental in, SD commands about $1,036/mo monthly. That rent profile stable cash flow against the $294K purchase basis.

Do rentals sit vacant long in, SD?

Rental vacancy in, SD is elevated. Investors should budget normal turnover but not chronic empty units.

How strong is, SD for real estate investors?

, SD scores 2.7/5 for investability. Home values sit at $294K and rents near $1,036/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Are home values higher in, SD than the rest of SD?

within SD reads broadly in line with the state benchmark. Investors comparing markets should weight local data above the statewide aggregate.

Community Ratings

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