Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Farmer area can be challenging. Home prices in Farmer are now at a median cost of $138,686, lower than the South Dakota average of $199,518.
The average cost of rent is $892/mo in Farmer, primarily driven by the current value of real estate in the Farmer area. While nearly 57.82% of residents own their homes outright in Farmer, 12.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farmer is $5,849 per month. Households that rent pay about 15.25% of their income on rent here. Farmer's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Spencer, SD: higher priced homes
- Alexandria, SD: higher priced homes
- Fulton, SD: higher priced homes
- Epiphany, SD: equally priced homes
- Emery, SD: equally priced homes
- Rockport Colony, SD: higher priced homes
- Riverside, SD: higher priced homes
- Canova, SD: equally priced homes
- Unityville, SD: higher priced homes
- Plano, SD: less expensive homes
Cities with Similar Populations
- Overlook, NY: higher priced homes
- Panola, TX: less expensive homes
- Pamlico, NC: higher priced homes
- Palermo, KS: equally priced homes
- Palace, MO: higher priced homes
- Pailo, TN: higher priced homes
- Ozona, MS: higher priced homes
- Ozark Acres, AR: less expensive homes
- Owasa, IA: less expensive homes
- Paradise, OH: higher priced homes
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