Expensive
Affordable
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These days, finding an affordable place to live in the Lead area can be challenging. Home prices in Lead are now at a median cost of $209,052, lower than the South Dakota average of $268,202.
The average cost of rent is $816/mo in Lead, primarily driven by the current value of real estate in the Lead area. In Lead, 27.31% of households rent, and 53.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lead is $5,625 per month. Households that rent pay about 14.50% of their income on rent here. Lead’s most expensive areas are in the southwestern 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
- Central City, SD: higher priced homes
- Deadwood, SD: higher priced homes
- Trojan, SD: higher priced homes
- Englewood, SD: higher priced homes
- Galena, SD: higher priced homes
- Savoy, SD: higher priced homes
- Hanna, SD: higher priced homes
- Roubaix, SD: higher priced homes
- Whitewood, SD: higher priced homes
- Spearfish, SD: higher priced homes
Cities with Similar Populations
- Carlton, OR: higher priced homes
- Chimayo, NM: higher priced homes
- Tecumseh, KS: equally priced homes
- New Hampton, NY: higher priced homes
- Parchman, MS: less expensive homes
- Park Hills, KY: higher priced homes
- Parksley, VA: less expensive homes
- Raceland, KY: less expensive homes
- Ridgway, CO: higher priced homes
- Ronks, PA: higher priced homes
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