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These days, finding an affordable place to live in the Canton area can be challenging. Home prices in Canton are now at a median cost of $256,799, lower than the South Dakota average of $268,202.
The average cost of rent is $790/mo in Canton, primarily driven by the current value of real estate in the Canton area. In Canton, 25.95% of households rent, and 48.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canton is $6,550 per month. Households that rent pay about 12.06% of their income on rent here. Canton’s most expensive areas are in the northwestern 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
- Fairview, SD: less expensive homes
- Inwood, IA: equally priced homes
- Worthing, SD: equally priced homes
- Moe, SD: higher priced homes
- Harrisburg, SD: higher priced homes
- Larchwood, IA: equally priced homes
- Norway Center, SD: equally priced homes
- Hudson, SD: less expensive homes
- Lennox, SD: equally priced homes
- Alvord, IA: higher priced homes
Cities with Similar Populations
- Battle Mountain, NV: less expensive homes
- Burbank, WA: higher priced homes
- Canton, MO: less expensive homes
- Rembert, SC: less expensive homes
- Attica, IN: less expensive homes
- South Dennis, MA: higher priced homes
- Seaford, VA: higher priced homes
- Port Barre, LA: less expensive homes
- North Salem, NY: higher priced homes
- Nescopeck, PA: less expensive homes
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