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Rental house market
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Erik in SD
Posted 12/3/2025 07:49 (#11455270 - in reply to #11455043)
Subject: RE: Rental house market


East Central SD
jicasedeere - 12/2/2025 21:24

50,000.around here gets the excavator renovation too more often than not. Heck even 150k doesn't get you much, even a for a rental home.


Same here. I own some rentals, and you can't buy any house in our little town for under $100k. Tear downs bring $80 plus. Nice rentals bring $1600, but the houses bring $300k. Same houses brought $1200 when the houses were selling for $175. Ratios aren't working right now.
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