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Allen

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

Median Home$179,300
Median Rent$631/month
Population475
Leading IndustriesConstruction · Agriculture & Mining · Public Administration16% construction
Family-Friendly29% of residentswell above average
Homeowners59% of occupied units
Allen
SD

Frequently Asked Questions

What are today's mortgage rates in Allen?

As of today, the 30-year fixed mortgage rate for Allen is approximately 6.975% (7.014% 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 Allen?

The median home value in Allen is $179k. The median monthly rent is $631. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $584/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Allen is $44k/year.

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What industries drive the economy in Allen?

The largest employment sectors in Allen are public administration (29%) and agriculture and mining (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.