Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Frankfort area can be challenging. Home prices in Frankfort are now at a median cost of $64,712, lower than the South Dakota average of $199,518.
The average cost of rent is $621/mo in Frankfort, primarily driven by the current value of real estate in the Frankfort area. While nearly 71.60% of residents own their homes outright in Frankfort, 20.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Frankfort is $5,856 per month. Households that rent pay about 10.60% of their income on rent here. Frankfort's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Glendale Colony, SD: higher priced homes
- Doland, SD: less expensive homes
- Spink Colony, SD: higher priced homes
- Turton, SD: equally priced homes
- Ashton, SD: higher priced homes
- Redfield, SD: higher priced homes
- Hillside Colony, SD: less expensive homes
- Raymond, SD: higher priced homes
- Tulare, SD: higher priced homes
- Brentford, SD: equally priced homes
Cities with Similar Populations
- Lanesville, NY: higher priced homes
- Kymulga, AL: higher priced homes
- Laird, CO: higher priced homes
- Lake Catherine, AR: higher priced homes
- Lake Margrethe, MI: higher priced homes
- Lake View, AR: less expensive homes
- Lakeville, MI: higher priced homes
- Lamoille, MN: higher priced homes
- Landisburg, WV: higher priced homes
- Lanely, TX: higher priced homes
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