The Most Affordable Neighborhoods in Deadwood, SD by Home Value

 

Deadwood, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Deadwood area can be challenging. Home prices in Deadwood are now at a median cost of $187,833, lower than the South Dakota average of $199,518.

The average cost of rent is $666/mo in Deadwood, primarily driven by the current value of real estate in the Deadwood area. While nearly 62.96% of residents own their homes outright in Deadwood, 38.34% rent.

Housing affordability isn’t just about home prices, though. The average household income in Deadwood is $4,638 per month. Households that rent pay about 14.36% of their income on rent here. Deadwood's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.


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