Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Drake area can be challenging. Home prices in Drake are now at a median cost of $54,452, lower than the South Carolina average of $233,397.
The average cost of rent is $778/mo in Drake, primarily driven by the current value of real estate in the Drake area. While nearly 69.36% of residents own their homes outright in Drake, 24.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Drake is $3,599 per month. Households that rent pay about 21.62% of their income on rent here. Drake's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Blenheim, SC: equally priced homes
- Brownsville, SC: equally priced homes
- Marlboro, SC: higher priced homes
- Bristow, SC: equally priced homes
- Clio, SC: higher priced homes
- Minturn, SC: higher priced homes
- Society Hill, SC: equally priced homes
- Little Rock, SC: higher priced homes
- Dovesville, SC: higher priced homes
- Selma, SC: higher priced homes
Cities with Similar Populations
- Toponas, CO: higher priced homes
- Trunkeyville, PA: higher priced homes
- Johnstown, WI: higher priced homes
- Troy, OK: higher priced homes
- Jones, LA: higher priced homes
- Jonesville, GA: higher priced homes
- Josephine, WV: higher priced homes
- Judio, KY: higher priced homes
- Trail City, SD: higher priced homes
- Towner, CO: higher priced homes
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