The Most Affordable Neighborhoods in Lone Tree, SD by Home Value

 

Lone Tree, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lone Tree area can be challenging. Home prices in Lone Tree are now at a median cost of $199,346, lower than the South Dakota average of $199,518.

The average cost of rent is $731/mo in Lone Tree, primarily driven by the current value of real estate in the Lone Tree area. While nearly 44.57% of residents own their homes outright in Lone Tree, 17.61% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lone Tree is $7,461 per month. Households that rent pay about 9.80% of their income on rent here. Lone Tree's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.


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