Expensive
Affordable
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These days, finding an affordable place to live in the Buffalo area can be challenging. Home prices in Buffalo are now at a median cost of $166,100, lower than the South Dakota average of $268,202.
The average cost of rent is $521/mo in Buffalo, primarily driven by the current value of real estate in the Buffalo area. In Buffalo, 23.49% of households rent, and 72.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Buffalo is $6,703 per month. Households that rent pay about 7.77% of their income on rent here. Buffalo’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
- Ladner, SD: equally priced homes
- Ludlow, SD: equally priced homes
- Harding, SD: equally priced homes
- Gustave, SD: equally priced homes
- Camp Crook, SD: equally priced homes
- Table Mountain, SD: equally priced homes
- Reva, SD: equally priced homes
- Redig, SD: higher priced homes
- Vessey, SD: equally priced homes
- Capitol, MT: higher priced homes
Cities with Similar Populations
- St. James, IL: higher priced homes
- Hornet, MO: higher priced homes
- Hood, CA: higher priced homes
- Homeacre, PA: higher priced homes
- Holiday Shores, IL: higher priced homes
- Holbrook, OR: higher priced homes
- Holbrook, NE: less expensive homes
- Hixburg, VA: higher priced homes
- Hinkledale, TN: equally priced homes
- Hindsboro, IL: less expensive homes
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