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These days, finding an affordable place to live in the Garretson area can be challenging. Home prices in Garretson are now at a median cost of $291,420, higher than the South Dakota average of $268,202.
The average cost of rent is $776/mo in Garretson, primarily driven by the current value of real estate in the Garretson area. In Garretson, 24.48% of households rent, and 45.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Garretson is $6,701 per month. Households that rent pay about 11.58% of their income on rent here. Garretson’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sherman, SD: equally priced homes
- Corson, SD: higher priced homes
- Brandon, SD: higher priced homes
- Renner Corner, SD: equally priced homes
- Valley Springs, SD: less expensive homes
- Renner, SD: equally priced homes
- Baltic, SD: higher priced homes
- Jasper, MN: less expensive homes
- Beaver Creek, MN: less expensive homes
- Dell Rapids, SD: higher priced homes
Cities with Similar Populations
- Stoystown, PA: less expensive homes
- Gore, OK: less expensive homes
- Independence, WV: less expensive homes
- Iron River, WI: less expensive homes
- Mechanicsville, SC: less expensive homes
- Newburgh Heights, OH: less expensive homes
- North York, PA: less expensive homes
- Oakes, ND: less expensive homes
- Orleans, MI: less expensive homes
- Stanfordville, NY: higher priced homes
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