Real Estate Investing in Meade County, South Dakota

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

6 ZIP codes • Population: 36,477

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

🏠 For Homebuyers
CAUTION
Grade D (51/100)

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

πŸ“ˆ For Investors
MIXED
2.8 / 5 (45/100)

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: 8.8% vacancy may signal weakening demand.

What’s happening in Meade County, SD?

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2.8/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $392,409
Avg Monthly Rent $1,154
ZIP Codes 6

Investing in Meade County Real Estate

Meade County spans 6 ZIP codes across 5 cities in South Dakota, with a population of 36,477. The county's lackluster investment metrics reflect deeper structural challenges β€” worth studying before making commitments.

The investment case for Meade County is difficult to make on screen data alone. a stretch for a 2.8 rating and cap rates that appear attractive only until real vacancy is underwritten.

Population dynamics in Meade haven't been supportive. a challenging fit for combined with thin 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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Landlord Ground Truth

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

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Avg Home Value
$392,409
Avg Monthly Rent
$1,154
1% Rule
βœ— Below
Landlord Friendly (SD)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ 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 β†’

πŸŽ“ Colleges & Universities in Meade County

1 College 63 Students
D
National American University-Ellsworth
4-Year For-Profit Β· 63 students

Cities in Meade County

ZIP Codes in Meade County, SD

Screen every market in Meade 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+.

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Frequently Asked Questions About Meade County

Is, SD better for rentals, flips, or BRRRR?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in, SD. The numbers - $392K homes against $1,154/mo rents - support that play.

How high is vacancy risk in, SD?

, SD sees elevated vacancy, which is reasonable relative to the broader SD rental market.

How much does a house cost in, SD?

Median home price in, SD is near $392K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.

Is, SD a friendly market for rental owners?

, SD operates under SD law, which is tenant-protective overall for landlords. Expect steady treatment in typical lease and eviction cases.

Community Ratings

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