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Affordable
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These days, finding an affordable place to live in the Labolt area can be challenging. Home prices in Labolt are now at a median cost of $161,216, lower than the South Dakota average of $268,202.
The average cost of rent is $1,293/mo in Labolt, primarily driven by the current value of real estate in the Labolt area. In Labolt, 14.61% of households rent, and 63.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Labolt is $6,781 per month. Households that rent pay about 19.07% of their income on rent here. Labolt’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stockholm, SD: equally priced homes
- Strandburg, SD: equally priced homes
- Revillo, SD: less expensive homes
- Milbank, SD: higher priced homes
- Twin Brooks, SD: higher priced homes
- Troy, SD: higher priced homes
- Nassau, MN: less expensive homes
- Tunerville, SD: higher priced homes
- Rosen, MN: less expensive homes
- Marietta, MN: equally priced homes
Cities with Similar Populations
- Nada, TX: higher priced homes
- Moores Junction, OH: equally priced homes
- Moose Pass, AK: higher priced homes
- Morehouseville, NY: higher priced homes
- Moreland, NY: equally priced homes
- Morgan Springs, TN: higher priced homes
- Morningdale, MA: higher priced homes
- Moscow, IN: higher priced homes
- Mosley, AR: higher priced homes
- Mound, TX: higher priced homes
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