The Most Affordable Neighborhoods in Columbia, SD by Home Value

 

Columbia, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Columbia area can be challenging. Home prices in Columbia are now at a median cost of $118,263, lower than the South Dakota average of $199,518.

The average cost of rent is $616/mo in Columbia, primarily driven by the current value of real estate in the Columbia area. While nearly 79.04% of residents own their homes outright in Columbia, 9.61% rent.

Housing affordability isn’t just about home prices, though. The average household income in Columbia is $6,279 per month. Households that rent pay about 9.81% of their income on rent here. Columbia's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.


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