Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Yale

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

Median Home$237,800
Median Rent$681/month
Population113
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation12% arts, food & hospitality
Home Value Growth⬆⬆⬆+24.0% over 2 years
Retirees31% of residentswell above average
Homeowners91% of occupied units
NotableHighly Educated31% bachelor's · 15% graduate · top 7% nationally
Yale
SD

Frequently Asked Questions

What are today's mortgage rates in Yale?

As of today, the 30-year fixed mortgage rate for Yale is approximately 6.848% (6.882% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Yale
What is the median home price in Yale?

The median home value in Yale is $238k. The median monthly rent is $681. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Yale?

Home values in Yale have increased 24.0% 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 Yale?

Based on a typical all-in ownership cost of $920/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Yale is $76k/year.

Calculate your buying power
What industries drive the economy in Yale?

The largest employment sectors in Yale are public administration (25%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.