The Most Affordable Neighborhoods in Herreid, SD by Home Value

 

Herreid, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Herreid area can be challenging. Home prices in Herreid are now at a median cost of $69,138, lower than the South Dakota average of $199,518.

The average cost of rent is $672/mo in Herreid, primarily driven by the current value of real estate in the Herreid area. While nearly 74.22% of residents own their homes outright in Herreid, 18.75% rent.

Housing affordability isn’t just about home prices, though. The average household income in Herreid is $4,281 per month. Households that rent pay about 15.69% of their income on rent here. Herreid's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.


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