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Affordable
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These days, finding an affordable place to live in the Ideal area can be challenging. Home prices in Ideal are now at a median cost of $132,000, lower than the South Dakota average of $268,202.
The average cost of rent is $671/mo in Ideal, primarily driven by the current value of real estate in the Ideal area. In Ideal, 28.55% of households rent, and 72.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ideal is $4,158 per month. Households that rent pay about 16.14% of their income on rent here. Ideal’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Carter, SD: higher priced homes
- New Witten, SD: equally priced homes
- Hamill, SD: equally priced homes
- Wewela, SD: equally priced homes
- Winner, SD: equally priced homes
- Witten, SD: higher priced homes
- Dixon, SD: equally priced homes
- Mosher, SD: higher priced homes
- Iona, SD: equally priced homes
- Colome, SD: higher priced homes
Cities with Similar Populations
- Ferry Lake, LA: less expensive homes
- Fort Bidwell, CA: higher priced homes
- Fort Apache, AZ: less expensive homes
- Forest Lakes, AZ: higher priced homes
- Forbush, IA: higher priced homes
- Fola, WV: less expensive homes
- Florence, OH: higher priced homes
- Florence, AR: less expensive homes
- Floe, WV: less expensive homes
- Fleming, KS: higher priced homes
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