The Most Affordable Neighborhoods in Brookings, SD by Home Value

These days, finding an affordable place to live in the Brookings area can be challenging. Home prices in Brookings are now at a median cost of $271,539, higher than the South Dakota average of $268,202.

The average cost of rent is $1,041/mo in Brookings, primarily driven by the current value of real estate in the Brookings area. In Brookings, 49.76% of households rent, and 44.91% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Brookings is $6,218 per month. Households that rent pay about 16.75% of their income on rent here. Brookings’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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