The Most Affordable Neighborhoods in Canistota, SD by Home Value

These days, finding an affordable place to live in the Canistota area can be challenging. Home prices in Canistota are now at a median cost of $208,604, lower than the South Dakota average of $268,202.

The average cost of rent is $1,084/mo in Canistota, primarily driven by the current value of real estate in the Canistota area. In Canistota, 16.17% of households rent, and 31.22% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Canistota is $6,960 per month. Households that rent pay about 15.58% of their income on rent here. Canistota’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.

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