Expensive
Affordable
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These days, finding an affordable place to live in the Carpenter area can be challenging. Home prices in Carpenter are now at a median cost of $215,778, lower than the South Dakota average of $268,202.
The average cost of rent is $690/mo in Carpenter, primarily driven by the current value of real estate in the Carpenter area. In Carpenter, 15.23% of households rent, and 66.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carpenter is $6,108 per month. Households that rent pay about 11.30% of their income on rent here. Carpenter’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hillside Colony, SD: less expensive homes
- Yale, SD: equally priced homes
- Osceola, SD: less expensive homes
- Riverside Colony, SD: equally priced homes
- Raymond, SD: less expensive homes
- Huron Colony, SD: equally priced homes
- Bancroft, SD: less expensive homes
- Willow Lake, SD: equally priced homes
- Spink Colony, SD: less expensive homes
- Doland, SD: less expensive homes
Cities with Similar Populations
- Taunton, MN: less expensive homes
- Match, GA: less expensive homes
- Talley, TN: higher priced homes
- Maryland Point, MD: higher priced homes
- Marenisco, MI: less expensive homes
- Tampico, IN: equally priced homes
- Maple Grove, WI: equally priced homes
- Manning, NY: less expensive homes
- Tatesville, PA: equally priced homes
- Tatum, SC: less expensive homes
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