Checked
Monroe, SD Home Values and Rents
The median home value in Monroe is $48,900. Median rent is $750 a month.
- Median home value
- $48,900
- ACS 2020-2024
- Median rent
- $750/mo
- ACS 2020-2024
- Price change, 1 year
- +2.8%
- County index, 2025
- Homeownership
- 77.6%
- SD: 68.6%
Home sale prices in the Sioux Falls, SD-MN area
Zillow median sale price, Sep 2026
$336,429+3.5% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Turner County home price trend
FHFA annual House Price Index for Turner County, 2000 = 100, compared with South Dakota
Show as a table
| Period | Turner County |
|---|---|
| 2025 | 344 |
| 2024 | 335 |
| 2023 | 343 |
| 2022 | 296 |
| 2021 | 253 |
| 2020 | 232 |
| 2019 | 224 |
| 2018 | 205 |
| 2017 | 192 |
| 2016 | 182 |
| 2015 | 167 |
| 2014 | 157 |
| 2013 | 148 |
| 2012 | 141 |
| 2011 | 144 |
Beta
Over five years, Turner County prices changed +48.4%, compared with +35.3% for South Dakota.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Share:
Fair Market Rents, FY2027
HUD rent standard for Sioux Falls, SD HUD Metro FMR Area
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $941 | +8.8% |
| 1 bedroom | $1,044 | +5.9% |
| 2 bedrooms | $1,228 | +6.2% |
| 3 bedrooms | $1,694 | +6.8% |
| 4 bedrooms | $2,053 | +5.9% |
Frequently asked questions
- What is the median home value in Monroe, SD?
- The median home value in Monroe is $48,900, based on the American Community Survey 2020-2024 5-year estimates. The South Dakota median is $257,400.
- How much is rent in Monroe?
- The median rent in Monroe is $750 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,228.
- Are home prices going up in Monroe?
- Home prices in Turner County changed +2.8% over one year and +48.4% over five years, as of 2025.