Your income, savings, and monthly expenses play an important role in determining if you can afford a mortgage. There may be reasons why renting versus buying a home is better for you. Homeownership is not for everyone.
A HUD approved certified counselor can help compare the two options. If renting is the right choice for you, counselors can also assist in locating, securing and maintaining rental housing as well as assisting in tenant-landlord issues and more.
For additional information on rental housing opportunities in South Dakota go to http://www.SDHOUSINGSearch.com.