Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Amherst area can be challenging. Home prices in Amherst are now at a median cost of $122,223, lower than the South Dakota average of $199,518.
The average cost of rent is $682/mo in Amherst, primarily driven by the current value of real estate in the Amherst area. While nearly 61.68% of residents own their homes outright in Amherst, 16.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Amherst is $5,936 per month. Households that rent pay about 11.49% of their income on rent here. Amherst's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Claremont, SD: less expensive homes
- Britton, SD: equally priced homes
- Spain, SD: equally priced homes
- Langford, SD: equally priced homes
- Newark, SD: equally priced homes
- Huffton, SD: less expensive homes
- Kidder, SD: equally priced homes
- Hecla, SD: less expensive homes
- Houghton, SD: less expensive homes
- Putney, SD: less expensive homes
Cities with Similar Populations
- Adak, AK: higher priced homes
- Ruby, VA: higher priced homes
- Paisley, OR: equally priced homes
- Vanderpool, VA: higher priced homes
- Vesta, VA: equally priced homes
- Roby, MO: equally priced homes
- Victoria, WV: higher priced homes
- Campbell, NE: less expensive homes
- River Ranch, FL: less expensive homes
- Princeton, MI: higher priced homes
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