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These days, finding an affordable place to live in the Erwin area can be challenging. Home prices in Erwin are now at a median cost of $167,076, lower than the South Dakota average of $268,202.
The average cost of rent is $643/mo in Erwin, primarily driven by the current value of real estate in the Erwin area. In Erwin, 16.33% of households rent, and 64.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Erwin is $6,859 per month. Households that rent pay about 9.38% of their income on rent here. Erwin’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bryant, SD: higher priced homes
- Hetland, SD: equally priced homes
- DeSmet, SD: higher priced homes
- Lake Preston, SD: equally priced homes
- Badger, SD: equally priced homes
- Bancroft, SD: higher priced homes
- Lake Norden, SD: equally priced homes
- Willow Lake, SD: higher priced homes
- Hayti, SD: higher priced homes
- Arlington, SD: higher priced homes
Cities with Similar Populations
- Bridge, OR: higher priced homes
- Ucross, WY: higher priced homes
- Truxno, LA: less expensive homes
- Tousey, KY: equally priced homes
- Caretta, WV: less expensive homes
- Capitol Hill, TN: higher priced homes
- Campus, IL: equally priced homes
- Cadogan, PA: higher priced homes
- Butts, MO: higher priced homes
- Van Cleve, IA: higher priced homes
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