The Most Affordable Neighborhoods in Lake Poinsett, SD by Home Value

 

Lake Poinsett, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lake Poinsett area can be challenging. Home prices in Lake Poinsett are now at a median cost of $160,791, lower than the South Dakota average of $199,518.

The average cost of rent is $727/mo in Lake Poinsett, primarily driven by the current value of real estate in the Lake Poinsett area. While nearly 45.80% of residents own their homes outright in Lake Poinsett, 14.98% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lake Poinsett is $6,079 per month. Households that rent pay about 11.96% of their income on rent here. Lake Poinsett's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.


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