Mortgage Rates in Pine Ridge, South Dakota — March 2026
Updated March 2026 | Based on Pine Ridge market data and regional lending conditions
Pine Ridge is a growing city in South Dakota with a population of 3,308. The current 30-year fixed mortgage rate in Pine Ridge is 6.76%, which is 0.11% above the national average. With a median home price of $199,000 and a 20% down payment of $39,800, homebuyers can expect a monthly principal and interest payment of approximately $1,034.
Current Mortgage Rates in Pine Ridge, SD
Below are the current average mortgage rates available in the Pine Ridge 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 | 6.76% | 6.65% | +0.11% |
| 15-Year Fixed | 6% | 5.89% | +0.11% |
| 5/1 ARM | 6.26% | 6.15% | +0.11% |
| FHA | 6.51% | 6.25% | +0.26% |
| VA | 6.26% | 6.05% | +0.21% |
| Jumbo | 7.01% | 6.85% | +0.16% |
Pine Ridge Housing Market Overview
The Pine Ridge housing market offers relatively affordable housing compared to many major cities. The median household income in Pine Ridge is $56,500, and the cost of living index is 88.4 (national average = 100). Based on the 28% affordability rule, the median income in Pine Ridge is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Pine Ridge
Based on the median home price of $199,000 with 20% down ($39,800), here is what you can expect to pay monthly in Pine Ridge:
15-Year vs. 30-Year Mortgage in Pine Ridge
Choosing a 15-year mortgage in Pine Ridge at 6% instead of a 30-year at 6.76% would save you $130,500 in total interest over the life of the loan. However, your monthly payment would be $1,343 instead of $1,034 — an increase of $309 per month.
Calculate Your Pine Ridge 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 Pine Ridge
What are the current mortgage rates in Pine Ridge, SD?
As of March 2026, the average 30-year fixed mortgage rate in Pine Ridge, South Dakota is 6.76%, while the 15-year fixed rate is 6%. FHA loans average 6.51% and VA loans 6.26%. These rates are 0.11% above the national average of 6.65%.
How much is a monthly mortgage payment in Pine Ridge?
Based on the median home price of $199,000 with 20% down, the estimated monthly mortgage payment in Pine Ridge is $1,034 for principal and interest. Including property taxes of $209/month, the total monthly housing cost is approximately $1,243.
What income do I need to buy a home in Pine Ridge?
Using the 28% rule, you would need an annual income of approximately $53,271 to afford the median-priced home in Pine Ridge at $199,000. The median household income in Pine Ridge is $56,500. The median income is currently sufficient to meet this threshold.
Is Pine Ridge a good place to buy a home in 2026?
Pine Ridge offers a below-average cost of living with a cost of living index of 88.4 (national average = 100). The property tax rate in South Dakota is 1.26%, which is near the national average. Pine Ridge has a population of 3,308 and offers a very affordable lifestyle.
Mortgage Rates in Other South Dakota Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Pine Ridge, South Dakota area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.