The Most Affordable Neighborhoods in Ferney, SD by Home Value

 

Ferney, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ferney area can be challenging. Home prices in Ferney are now at a median cost of $214,281, higher than the South Dakota average of $199,518.

The average cost of rent is $822/mo in Ferney, primarily driven by the current value of real estate in the Ferney area. While nearly 68.19% of residents own their homes outright in Ferney, 5.65% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ferney is $4,580 per month. Households that rent pay about 17.94% of their income on rent here. Ferney's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.


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