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Lowry

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

Median Home$117,100
Median Rent$785/month
Population12
Leading IndustriesConstruction · Agriculture & Mining22% construction
Home Value Growth-3.4% over 2 years
Retirees24% of residentsslightly above average
Homeowners80% of occupied units
NotableAffordable Market$117k median home · lower cost than 86% of the country
Lowry
SD

Frequently Asked Questions

What are today's mortgage rates in Lowry?

As of today, the 30-year fixed mortgage rate for Lowry is approximately 6.998% (7.038% 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 Lowry?

The median home value in Lowry is $117k. The median monthly rent is $785. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lowry?

Home values in Lowry have decreased 3.4% over the past two years. Buyers may find more negotiating room in this market. 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 Lowry?

Based on a typical all-in ownership cost of $781/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lowry is $59k/year.

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What industries drive the economy in Lowry?

The largest employment sectors in Lowry are agriculture and mining (22%) and construction (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.