Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lane area can be challenging. Home prices in Lane are now at a median cost of $150,422, lower than the South Dakota average of $199,518.
The average cost of rent is $721/mo in Lane, primarily driven by the current value of real estate in the Lane area. While nearly 60.13% of residents own their homes outright in Lane, 11.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lane is $6,635 per month. Households that rent pay about 10.87% of their income on rent here. Lane's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Woonsocket, SD: less expensive homes
- Wessington Springs, SD: less expensive homes
- Alpena, SD: equally priced homes
- Storla, SD: equally priced homes
- Forestburg, SD: less expensive homes
- Virgil, SD: less expensive homes
- Letcher, SD: less expensive homes
- Plankinton, SD: less expensive homes
- Morningside, SD: higher priced homes
- Artesian, SD: less expensive homes
Cities with Similar Populations
- Rivermoor, MA: higher priced homes
- Mount Victoria, MD: higher priced homes
- Mountville, OH: equally priced homes
- Mozier, IL: equally priced homes
- Mule Town, OH: less expensive homes
- Mundale, MA: higher priced homes
- Munderf, PA: less expensive homes
- Munster, ND: less expensive homes
- Murrinsville, PA: higher priced homes
- Naola, VA: equally priced homes
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