Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Farmingdale area can be challenging. Home prices in Farmingdale are now at a median cost of $280,600, higher than the South Dakota average of $199,518.
The average cost of rent is $743/mo in Farmingdale, primarily driven by the current value of real estate in the Farmingdale area. While nearly 18.55% of residents own their homes outright in Farmingdale, 13.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farmingdale is $6,657 per month. Households that rent pay about 11.16% of their income on rent here. Farmingdale's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Caputa, SD: equally priced homes
- Rapid Valley, SD: less expensive homes
- New Underwood, SD: less expensive homes
- Box Elder, SD: less expensive homes
- Hayward, SD: higher priced homes
- Ashland Heights, SD: less expensive homes
- Ellsworth Afb, SD: less expensive homes
- Rapid City, SD: less expensive homes
- Hermosa, SD: higher priced homes
- Viewfield, SD: less expensive homes
Cities with Similar Populations
- Port Costa, CA: higher priced homes
- Omega, OK: less expensive homes
- Orr, KY: less expensive homes
- Otsego, OH: less expensive homes
- Otter Rock, OR: equally priced homes
- Otto, IL: less expensive homes
- Palco, KS: less expensive homes
- Pocahontas, MO: less expensive homes
- Poindexter, KY: less expensive homes
- Polk, KS: less expensive homes
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