Compare Aberdeen, SD mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Aberdeen.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Aberdeen. Plus, shopping lenders is free and there is no obligation.
August 28, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Aberdeen. Understand how much you need to earn to afford a home in Aberdeen, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Aberdeen fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Aberdeen is right for you.
The median home value for Aberdeen, SD (Brown County) is $193,459
Based on current mortgage rates and a 10% down payment, you need to make $40,359 per year to buy the median priced home in Aberdeen
With this income, you could qualify for a $174,113 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Aberdeen is $935
The median household income for Aberdeen, SD (Brown County) is $64,737
Based on this income, you can afford a home valued at approximately $310,314
The home price you can afford to buy based on household income in Aberdeen is 160% of the median home value which means housing prices are average. Aberdeen (Brown County) ranks 52 out of 66 counties in South Dakota and 1,620 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Aberdeen, SD is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Aberdeen (Brown County) below.
Conforming loan limits for Aberdeen, SD
FHA loan limits for Aberdeen, SD