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These days, finding an affordable place to live in the Leola area can be challenging. Home prices in Leola are now at a median cost of $83,152, lower than the South Dakota average of $268,202.
The average cost of rent is $818/mo in Leola, primarily driven by the current value of real estate in the Leola area. In Leola, 19.83% of households rent, and 68.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Leola is $6,360 per month. Households that rent pay about 12.85% of their income on rent here. Leola’s most expensive areas are in the northeastern 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
- Willow, SD: higher priced homes
- Long Lake Colony, SD: higher priced homes
- Wetonka, SD: higher priced homes
- Spring Creek Colony, SD: higher priced homes
- Long Lake, SD: higher priced homes
- Ipswich, SD: higher priced homes
- Westport, SD: higher priced homes
- Forbes, ND: higher priced homes
- Mina, SD: higher priced homes
- Frederick, SD: higher priced homes
Cities with Similar Populations
- Gum Springs, MS: equally priced homes
- Westminster, TX: higher priced homes
- Heilwood, PA: higher priced homes
- Hector, KY: less expensive homes
- Hartford, IN: higher priced homes
- Hallwood, PA: higher priced homes
- White Oak, AL: higher priced homes
- Whiteash, IL: higher priced homes
- Whitesboro, OK: higher priced homes
- West Wildwood, NJ: higher priced homes
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