Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Clear Lake area can be challenging. Home prices in Clear Lake are now at a median cost of $141,472, lower than the South Dakota average of $199,518.
The average cost of rent is $543/mo in Clear Lake, primarily driven by the current value of real estate in the Clear Lake area. While nearly 50.94% of residents own their homes outright in Clear Lake, 30.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Clear Lake is $5,212 per month. Households that rent pay about 10.42% of their income on rent here. Clear Lake's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Altamont, SD: higher priced homes
- Brandt, SD: equally priced homes
- Goodwin, SD: higher priced homes
- Gary, SD: less expensive homes
- Tunerville, SD: less expensive homes
- Toronto, SD: higher priced homes
- Kranzburg, SD: higher priced homes
- Castlewood, SD: higher priced homes
- Estelline, SD: higher priced homes
- Astoria, SD: equally priced homes
Cities with Similar Populations
- Big Rock, IL: higher priced homes
- Blossom, TX: equally priced homes
- Masontown, WV: equally priced homes
- Richfield Center, MI: higher priced homes
- Rapid River, MI: equally priced homes
- Parkers Prairie, MN: higher priced homes
- Parkers Corners, MI: higher priced homes
- Paradise, UT: higher priced homes
- Parachute, CO: higher priced homes
- North Anson, ME: less expensive homes
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