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These days, finding an affordable place to live in the Letcher area can be challenging. Home prices in Letcher are now at a median cost of $188,010, lower than the South Dakota average of $268,202.
The average cost of rent is $761/mo in Letcher, primarily driven by the current value of real estate in the Letcher area. In Letcher, 18.64% of households rent, and 75.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Letcher is $8,310 per month. Households that rent pay about 9.16% of their income on rent here. Letcher’s most expensive areas are in the southeastern 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
- Loomis, SD: higher priced homes
- Plano, SD: equally priced homes
- Forestburg, SD: equally priced homes
- Artesian, SD: equally priced homes
- Storla, SD: equally priced homes
- Woonsocket, SD: less expensive homes
- Mitchell, SD: higher priced homes
- Mount Vernon, SD: higher priced homes
- Riverside, SD: higher priced homes
- Fedora, SD: higher priced homes
Cities with Similar Populations
- Georgetown, MT: higher priced homes
- Stiles Junction, WI: higher priced homes
- Steuben, WI: equally priced homes
- Gloria Glens Park, OH: higher priced homes
- Glencairn, NY: less expensive homes
- Glen Springs, KY: less expensive homes
- Gilman, MN: higher priced homes
- Gilead, MI: equally priced homes
- Gideon, OK: higher priced homes
- Germantown, PA: higher priced homes
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