Affordable & Income-Based Housing in Spearfish

Affordability

According to Census ACS 5-Year data (2024), the median gross rent in Spearfish is $963 per month and the median household income is $65,688 per year, with renters making up 50% of occupied housing units. Affordable and income-based housing can help close the gap for households that fall below the area median income.

Safety

According to FBI Crime Data Explorer, the Spearfish Police Department reported a violent crime rate of 264 per 100,000 residents in 2024. Keep in mind that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

All 3 HUD-assisted properties in Spearfish have been mapped for flood risk, and none are located in a high-risk flood zone.

Getting Around Spearfish

According to Walk Score, the area around assisted properties in Spearfish has a Walk Score of 55 (Somewhat Walkable) and a Bike Score of 41. No Transit Score is available, which is typical for smaller South Dakota cities where a personal vehicle is often needed for most trips.

Schools

According to NCES Common Core of Data, 9 schools across 2 districts serve Spearfish, including 3 elementary, 3 middle, and 3 high schools. Ratings and programs vary by school and district, so renters should check which schools are assigned to any specific address they are considering.

Cost of Living in Spearfish

The median household income in Spearfish is $65,688 per year, according to Census ACS 5-Year estimates. The median gross rent is $963 per month, according to the same source.

For renters who qualify, income-restricted housing can offer significant savings compared to market-rate rents. Spearfish has 3 income-restricted properties with a combined 70 units available through HUD-assisted and other affordable housing programs.

Flood and Environmental Exposure

All 3 affordable housing properties in Spearfish have been mapped for flood risk, and none are located in a high-risk flood zone.