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These days, finding an affordable place to live in the Altamont area can be challenging. Home prices in Altamont are now at a median cost of $255,700, lower than the South Dakota average of $268,202.
The average cost of rent is $668/mo in Altamont, primarily driven by the current value of real estate in the Altamont area. In Altamont, 15.61% of households rent, and 55.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Altamont is $7,005 per month. Households that rent pay about 9.54% of their income on rent here. Altamont’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clear Lake, SD: less expensive homes
- Tunerville, SD: less expensive homes
- Goodwin, SD: equally priced homes
- Gary, SD: less expensive homes
- Brandt, SD: less expensive homes
- Kranzburg, SD: higher priced homes
- Strandburg, SD: less expensive homes
- Revillo, SD: less expensive homes
- Troy, SD: higher priced homes
- Marietta, MN: less expensive homes
Cities with Similar Populations
- Newhalem, WA: higher priced homes
- Escobas, TX: less expensive homes
- Dell City, NM: less expensive homes
- Desert Center, CA: higher priced homes
- Chambless, CA: less expensive homes
- Martin, UT: higher priced homes
- Red River Hot Springs, ID: higher priced homes
- Grand River, LA: less expensive homes
- Smith Island, MD: less expensive homes
- Seaview Beach, CT: higher priced homes
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