Philip SD
Rentals

Housing in Haakon County

Almost half of renters in the United States pay 1/3 or more of their monthly income for rent (third column above). Compare that with rent in Haakon County and South Dakota in the first two columns. The optimal rent to household income ratio is 25% to 28% or less. When you pay more than 30% of your income towards rent, your ability to pay for food, transportation, health care, education, and savings becomes increasingly difficult.
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Towns near Philip