Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elk Point area can be challenging. Home prices in Elk Point are now at a median cost of $178,325, lower than the South Dakota average of $199,518.
The average cost of rent is $674/mo in Elk Point, primarily driven by the current value of real estate in the Elk Point area. While nearly 35.68% of residents own their homes outright in Elk Point, 22.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elk Point is $5,918 per month. Households that rent pay about 11.40% of their income on rent here. Elk Point's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Junction City, SD: equally priced homes
- Westfield, IA: higher priced homes
- Richland, SD: equally priced homes
- Ponca, NE: less expensive homes
- Burbank, SD: higher priced homes
- Jefferson, SD: higher priced homes
- Newcastle, NE: less expensive homes
- Akron, IA: less expensive homes
- Spink, SD: higher priced homes
- Millnerville, IA: higher priced homes
Cities with Similar Populations
- Bartonville, TX: higher priced homes
- Pontiac, SC: higher priced homes
- Eleele, HI: higher priced homes
- Dixfield, ME: less expensive homes
- Dewitt, VA: equally priced homes
- Danbury, WI: higher priced homes
- Constantia, NY: less expensive homes
- Chatham, MA: higher priced homes
- Attleboro Falls, MA: higher priced homes
- Buhach, CA: higher priced homes
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