Mortgage Rates in North Sioux City, South Dakota — March 2026
Updated March 2026 | Based on North Sioux City market data and regional lending conditions
North Sioux City is a growing city in South Dakota with a population of 2,696. The current 30-year fixed mortgage rate in North Sioux City is 6.84%, which is 0.19% above the national average. With a median home price of $198,000 and a 20% down payment of $39,600, homebuyers can expect a monthly principal and interest payment of approximately $1,037.
Current Mortgage Rates in North Sioux City, SD
Below are the current average mortgage rates available in the North Sioux City 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 | 6.84% | 6.65% | +0.19% |
| 15-Year Fixed | 6.06% | 5.89% | +0.17% |
| 5/1 ARM | 6.3% | 6.15% | +0.15% |
| FHA | 6.54% | 6.25% | +0.29% |
| VA | 6.29% | 6.05% | +0.24% |
| Jumbo | 7.09% | 6.85% | +0.24% |
North Sioux City Housing Market Overview
The North Sioux City housing market offers relatively affordable housing compared to many major cities. The median household income in North Sioux City is $52,000, and the cost of living index is 86.3 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $53,357 to comfortably afford the median-priced home in North Sioux City, which exceeds the current median household income.
Monthly Payment Breakdown for North Sioux City
Based on the median home price of $198,000 with 20% down ($39,600), here is what you can expect to pay monthly in North Sioux City:
15-Year vs. 30-Year Mortgage in North Sioux City
Choosing a 15-year mortgage in North Sioux City at 6.06% instead of a 30-year at 6.84% would save you $131,760 in total interest over the life of the loan. However, your monthly payment would be $1,342 instead of $1,037 — an increase of $305 per month.
Calculate Your North Sioux City 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 North Sioux City
What are the current mortgage rates in North Sioux City, SD?
As of March 2026, the average 30-year fixed mortgage rate in North Sioux City, South Dakota is 6.84%, while the 15-year fixed rate is 6.06%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.19% above the national average of 6.65%.
How much is a monthly mortgage payment in North Sioux City?
Based on the median home price of $198,000 with 20% down, the estimated monthly mortgage payment in North Sioux City is $1,037 for principal and interest. Including property taxes of $208/month, the total monthly housing cost is approximately $1,245.
What income do I need to buy a home in North Sioux City?
Using the 28% rule, you would need an annual income of approximately $53,357 to afford the median-priced home in North Sioux City at $198,000. The median household income in North Sioux City is $52,000. This means most households would need to either earn above the median or consider homes below $198,000.
Is North Sioux City a good place to buy a home in 2026?
North Sioux City offers a below-average cost of living with a cost of living index of 86.3 (national average = 100). The property tax rate in South Dakota is 1.26%, which is near the national average. North Sioux City has a population of 2,696 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 North Sioux City, South Dakota area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.