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Alexandria

Learn about the people, housing, costs and businesses in Alexandria, South Dakota

Median Home$191,200
Median Rent$782/month
Population651
Leading IndustriesTransportation · Education3% transportation
Home Value Growth⬆⬆⬆+25.6% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners90% of occupied units
Alexandria
SD

Frequently Asked Questions

What are today's mortgage rates in Alexandria?

As of today, the 30-year fixed mortgage rate for Alexandria is approximately 6.992% (7.032% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Alexandria?

The median home value in Alexandria is $191k. The median monthly rent is $782. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alexandria?

Home values in Alexandria have increased 25.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Alexandria?

Based on a typical all-in ownership cost of $956/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alexandria is $81k/year.

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What industries drive the economy in Alexandria?

The largest employment sectors in Alexandria are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.