The Most Affordable Neighborhoods in Big Springs, SD by Home Value

 

Big Springs, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Big Springs area can be challenging. Home prices in Big Springs are now at a median cost of $181,675, lower than the South Dakota average of $199,518.

The average cost of rent is $745/mo in Big Springs, primarily driven by the current value of real estate in the Big Springs area. While nearly 47.34% of residents own their homes outright in Big Springs, 33.41% rent.

Housing affordability isn’t just about home prices, though. The average household income in Big Springs is $4,706 per month. Households that rent pay about 15.83% of their income on rent here. Big Springs's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.


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