Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Frederick area can be challenging. Home prices in Frederick are now at a median cost of $158,100, lower than the South Dakota average of $199,518.
The average cost of rent is $850/mo in Frederick, primarily driven by the current value of real estate in the Frederick area. While nearly 69.83% of residents own their homes outright in Frederick, 4.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Frederick is $6,354 per month. Households that rent pay about 13.38% of their income on rent here. Frederick's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Barnard, SD: higher priced homes
- Ellendale, ND: less expensive homes
- Houghton, SD: less expensive homes
- Guelph, ND: equally priced homes
- Willow, SD: less expensive homes
- Spring Creek Colony, SD: less expensive homes
- Hecla, SD: less expensive homes
- Westport, SD: higher priced homes
- Columbia, SD: less expensive homes
- Wetonka, SD: equally priced homes
Cities with Similar Populations
- Forest Park, PA: higher priced homes
- Waikane, HI: higher priced homes
- Wards, NC: less expensive homes
- Freeman, NY: less expensive homes
- Freeborn, MN: equally priced homes
- Fredonia, AL: less expensive homes
- Fowlkes, TN: less expensive homes
- Fountain Heights, TN: higher priced homes
- Forward, WI: higher priced homes
- Waha, ID: higher priced homes
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