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These days, finding an affordable place to live in the Bridgewater area can be challenging. Home prices in Bridgewater are now at a median cost of $194,423, lower than the South Dakota average of $268,202.
The average cost of rent is $798/mo in Bridgewater, primarily driven by the current value of real estate in the Bridgewater area. In Bridgewater, 22.72% of households rent, and 54.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bridgewater is $5,766 per month. Households that rent pay about 13.85% of their income on rent here. Bridgewater’s most expensive areas are in the northeastern 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
- Stanley Corner, SD: higher priced homes
- Emery, SD: equally priced homes
- Dolton, SD: higher priced homes
- Canistota, SD: equally priced homes
- Spencer, SD: higher priced homes
- Salem, SD: equally priced homes
- Freeman, SD: less expensive homes
- Monroe, SD: higher priced homes
- Alexandria, SD: equally priced homes
- Marion, SD: higher priced homes
Cities with Similar Populations
- Yostville, PA: higher priced homes
- Woodridge, VA: higher priced homes
- Wolf Creek, MT: higher priced homes
- Billings, OK: less expensive homes
- Roxbury Falls, CT: higher priced homes
- Attica, KS: less expensive homes
- Bardin, FL: higher priced homes
- Advance, IN: higher priced homes
- Silvertop, TN: higher priced homes
- Saylesville, WI: higher priced homes
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