Expensive
Affordable
Affordable
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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 $187,299, lower than the South Dakota average of $268,202.
The average cost of rent is $892/mo in Lane, primarily driven by the current value of real estate in the Lane area. In Lane, 10.28% of households rent, and 55.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lane is $8,272 per month. Households that rent pay about 10.79% of their income on rent here. Lane’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: equally priced homes
- Virgil, SD: higher priced homes
- Letcher, SD: equally priced homes
- Plankinton, SD: less expensive homes
- Morningside, SD: higher priced homes
- Artesian, SD: equally priced 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: equally priced homes
- Mundale, MA: higher priced homes
- Munderf, PA: less expensive homes
- Munster, ND: less expensive homes
- Murrinsville, PA: equally priced homes
- Naola, VA: higher priced homes
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