South Dakota 2024 FHA Loan Limits

Last Updated: Tue, January 2, 2024

Loan Limits in South Dakota

South Dakota has 65 counties with FHA Limits ranging from a low of $498,257 for a 1-bedroom unit in Aurora County to a high of $1,041,650 for a 4-bedroom unit in Lawrence County.

For more details about the loan limits (including FHA Limits, HECM Limits, and Fannie Mae & Freddie Mac loan limits) in any of South Dakota's counties, choose the county from the interactive map or the list below.



Lowest Loan Limit ($958,350)
Highest Loan Limit ($1,041,650)

† Lowest limit for homes with four living-units. There are lower limits for homes with fewer living-units.

Loan Limits by County in South Dakota (65 counties)

County Single Unit Limit (lowest) Four-Plex Limit (highest)
Aurora County $498,257 $958,350 view details »
Beadle County $498,257 $958,350 view details »
Bennett County $498,257 $958,350 view details »
Bon Homme County $498,257 $958,350 view details »
Brookings County $498,257 $958,350 view details »
Brown County $498,257 $958,350 view details »
Brule County $498,257 $958,350 view details »
Buffalo County $498,257 $958,350 view details »
Butte County $498,257 $958,350 view details »
Campbell County $498,257 $958,350 view details »
Charles Mix County $498,257 $958,350 view details »
Clark County $498,257 $958,350 view details »
Clay County $498,257 $958,350 view details »
Codington County $498,257 $958,350 view details »
Corson County $498,257 $958,350 view details »
Custer County $498,257 $958,350 view details »
Davison County $498,257 $958,350 view details »
Day County $498,257 $958,350 view details »
Deuel County $498,257 $958,350 view details »
Dewey County $498,257 $958,350 view details »
Douglas County $498,257 $958,350 view details »
Edmunds County $498,257 $958,350 view details »
Fall River County $498,257 $958,350 view details »
Faulk County $498,257 $958,350 view details »
Grant County $498,257 $958,350 view details »
Gregory County $498,257 $958,350 view details »
Haakon County $498,257 $958,350 view details »
Hamlin County $498,257 $958,350 view details »
Hand County $498,257 $958,350 view details »
Hanson County $498,257 $958,350 view details »
Harding County $498,257 $958,350 view details »
Hughes County $498,257 $958,350 view details »
Hutchinson County $498,257 $958,350 view details »
Hyde County $498,257 $958,350 view details »
Jackson County $498,257 $958,350 view details »
Jerauld County $498,257 $958,350 view details »
Jones County $498,257 $958,350 view details »
Kingsbury County $498,257 $958,350 view details »
Lake County $498,257 $958,350 view details »
Lawrence County $541,650 $1,041,650 view details »
Lincoln County $498,257 $958,350 view details »
Lyman County $498,257 $958,350 view details »
Mccook County $498,257 $958,350 view details »
Mcpherson County $498,257 $958,350 view details »
Marshall County $498,257 $958,350 view details »
Meade County $498,257 $958,350 view details »
Mellette County $498,257 $958,350 view details »
Miner County $498,257 $958,350 view details »
Minnehaha County $498,257 $958,350 view details »
Moody County $498,257 $958,350 view details »
Pennington County $498,257 $958,350 view details »
Perkins County $498,257 $958,350 view details »
Potter County $498,257 $958,350 view details »
Roberts County $498,257 $958,350 view details »
Sanborn County $498,257 $958,350 view details »
Spink County $498,257 $958,350 view details »
Stanley County $498,257 $958,350 view details »
Sully County $498,257 $958,350 view details »
Todd County $498,257 $958,350 view details »
Tripp County $498,257 $958,350 view details »
Turner County $498,257 $958,350 view details »
Union County $498,257 $958,350 view details »
Walworth County $498,257 $958,350 view details »
Yankton County $498,257 $958,350 view details »
Ziebach County $498,257 $958,350 view details »

How to qualify for an FHA Loan in South Dakota?

To qualify for an FHA loan in South Dakota, your home loan must be below the local FHA loan limits in your area. For 2024, the maximum loan limit in South Dakota is $498,257 for a single-family home and $1,041,650 for a four-plex. Limits varies by county. The minimum loan limit is $5,000.

Loan limits vary by county and home size. In addition to loan limits, to qualify for an FHA loan you must live in the home as your primary residence. If you're purchasing a multi-family home, the monthly Fair Market Rent (FMR) for the property must exceed 1% of the purchase price. FHA loans cannot be used for commercial real estate investment purposes or "flipping" homes in South Dakota. Additional restricts apply. Click on the South Dakota map above or the table below to see loan limits in your area.


** Document Provided By FHALoans.guide **
Source: https://fhaloans.guide/loan-limits/south-dakota