Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hot Springs area can be challenging. Home prices in Hot Springs are now at a median cost of $179,544, lower than the South Dakota average of $199,518.
The average cost of rent is $615/mo in Hot Springs, primarily driven by the current value of real estate in the Hot Springs area. While nearly 50.27% of residents own their homes outright in Hot Springs, 21.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hot Springs is $4,193 per month. Households that rent pay about 14.67% of their income on rent here. Hot Springs's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Buffalo Gap, SD: higher priced homes
- Minnekahta, SD: higher priced homes
- Oral, SD: less expensive homes
- Provo, SD: less expensive homes
- Pringle, SD: higher priced homes
- Smithwick, SD: less expensive homes
- Dudley, SD: less expensive homes
- Edgemont, SD: less expensive homes
- Rumford, SD: less expensive homes
- Oelrichs, SD: less expensive homes
Cities with Similar Populations
- Batesburg, SC: less expensive homes
- Campbell Hall, NY: higher priced homes
- Nowata, OK: less expensive homes
- Homer, LA: less expensive homes
- Hope, RI: higher priced homes
- Jefferson, TX: less expensive homes
- Lake Providence, LA: less expensive homes
- Leavittsburg, OH: less expensive homes
- Meyersdale, PA: less expensive homes
- New Franken, WI: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood