Mortgage Rates in Huron, South Dakota — March 2026
Updated March 2026 | Based on Huron market data and regional lending conditions
Huron is a growing city in South Dakota with a population of 13,099. The current 30-year fixed mortgage rate in Huron is 6.64%, which is 0.01% below the national average. With a median home price of $155,000 and a 20% down payment of $31,000, homebuyers can expect a monthly principal and interest payment of approximately $795.
Current Mortgage Rates in Huron, SD
Below are the current average mortgage rates available in the Huron area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.64% | 6.65% | -0.01% |
| 15-Year Fixed | 5.88% | 5.89% | -0.01% |
| 5/1 ARM | 6.14% | 6.15% | -0.01% |
| FHA | 6.24% | 6.25% | -0.01% |
| VA | 6.04% | 6.05% | -0.01% |
| Jumbo | 6.84% | 6.85% | -0.01% |
Huron Housing Market Overview
The Huron housing market offers relatively affordable housing compared to many major cities. The median household income in Huron is $38,000, and the cost of living index is 80 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $40,929 to comfortably afford the median-priced home in Huron, which exceeds the current median household income.
Monthly Payment Breakdown for Huron
Based on the median home price of $155,000 with 20% down ($31,000), here is what you can expect to pay monthly in Huron:
15-Year vs. 30-Year Mortgage in Huron
Choosing a 15-year mortgage in Huron at 5.88% instead of a 30-year at 6.64% would save you $99,360 in total interest over the life of the loan. However, your monthly payment would be $1,038 instead of $795 — an increase of $243 per month.
Calculate Your Huron Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Huron
What are the current mortgage rates in Huron, SD?
As of March 2026, the average 30-year fixed mortgage rate in Huron, South Dakota is 6.64%, while the 15-year fixed rate is 5.88%. FHA loans average 6.24% and VA loans 6.04%. These rates are 0.01% below the national average of 6.65%.
How much is a monthly mortgage payment in Huron?
Based on the median home price of $155,000 with 20% down, the estimated monthly mortgage payment in Huron is $795 for principal and interest. Including property taxes of $160/month, the total monthly housing cost is approximately $955.
What income do I need to buy a home in Huron?
Using the 28% rule, you would need an annual income of approximately $40,929 to afford the median-priced home in Huron at $155,000. The median household income in Huron is $38,000. This means most households would need to either earn above the median or consider homes below $155,000.
Is Huron a good place to buy a home in 2026?
Huron offers a below-average cost of living with a cost of living index of 80 (national average = 100). The property tax rate in South Dakota is 1.24%, which is near the national average. Huron has a population of 13,099 and offers a very affordable lifestyle.
Mortgage Rates in Other South Dakota Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Huron, South Dakota area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.