Real Estate Investing in Lawrence County, South Dakota

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

4 ZIP codes • Population: 22,797

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

🏠 For Homebuyers
CAUTION
Grade D (48/100)

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

πŸ“ˆ 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: 21.0% of homes vacant β€” above national norms.

What’s happening in Lawrence County, SD?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.1% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $464,745
Avg Monthly Rent $1,031
ZIP Codes 4

Investing in Lawrence County Real Estate

Lawrence County (SD) covers 4 ZIPs and 3 municipalities. clearly the fundamentals here skew distressed, and both rent and price trends have been subdued across most of the geography.

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

Lawrence County's population trends and income levels suggest a region where affordability is strained, constraining how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

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

Do you own or manage rentals in Lawrence County, SD?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$464,745
Avg Monthly Rent
$1,031
1% Rule
βœ— Below
Landlord Friendly (SD)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Spearfish, SD metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
73%
Days Pending
0/2
0 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Lawrence County

1 College 3,475 Students 163 Off-Campus Renters
C
Black Hills State University
4-Year Public Β· 3,475 students
πŸ“ ~163 students rent off-campus

Cities in Lawrence County

ZIP Codes in Lawrence County, SD

Screen every market in Lawrence County

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+.

View Plans

Frequently Asked Questions About Lawrence County

What is the typical home price in, SD?

Median home price in, SD is near $465K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.

Should investors consider, SD?

Yes -, SD a 3.0/5 investability score. With $465K home prices against $1,031/mo monthly rent, the market delivers a reasonable entry point for new investors.

How strong is tenant demand in, SD?

The tenant pool in, SD is solid, supported by local employment and population fundamentals. Rents of $1,031/mo are well-absorbed by the market.

Does, SD favor landlords or tenants?

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

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Lawrence County, SD.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.