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Affordable
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These days, finding an affordable place to live in the Chester area can be challenging. Home prices in Chester are now at a median cost of $307,234, higher than the South Dakota average of $268,202.
The average cost of rent is $1,023/mo in Chester, primarily driven by the current value of real estate in the Chester area. In Chester, 10.96% of households rent, and 50.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chester is $7,098 per month. Households that rent pay about 14.42% of their income on rent here. Chester’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brant Lake, SD: equally priced homes
- Franklin, SD: equally priced homes
- Smiths Park, SD: equally priced homes
- Huntimer, SD: higher priced homes
- Wentworth, SD: higher priced homes
- Colman, SD: equally priced homes
- Colton, SD: less expensive homes
- Lone Tree, SD: equally priced homes
- Dell Rapids, SD: equally priced homes
- Lyons, SD: higher priced homes
Cities with Similar Populations
- St. Francis, ME: less expensive homes
- Topeka, MS: less expensive homes
- Topaz, CA: higher priced homes
- Tonalea, UT: less expensive homes
- Todds Mill, IL: less expensive homes
- Titanic, OK: less expensive homes
- Thomas Landing, NC: higher priced homes
- Templeton, IA: less expensive homes
- Telogia, FL: less expensive homes
- Taylorstown, PA: less expensive homes
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