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These days, finding an affordable place to live in the Long Lake Colony area can be challenging. Home prices in Long Lake Colony are now at a median cost of $278,328, higher than the South Dakota average of $268,202.
The average cost of rent is $1,329/mo in Long Lake Colony, primarily driven by the current value of real estate in the Long Lake Colony area. In Long Lake Colony, 15.08% of households rent, and 55.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Long Lake Colony is $8,108 per month. Households that rent pay about 16.39% of their income on rent here. Long Lake Colony’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wetonka, SD: equally priced homes
- Leola, SD: less expensive homes
- Ipswich, SD: less expensive homes
- Willow, SD: less expensive homes
- Plainview Colony, SD: equally priced homes
- Mina, SD: higher priced homes
- Westport, SD: higher priced homes
- Powell, SD: equally priced homes
- Roscoe, SD: less expensive homes
- Ordway, SD: higher priced homes
Cities with Similar Populations
- Funkhouser, GA: less expensive homes
- Gings, IN: less expensive homes
- Gibson Station, VA: less expensive homes
- Gerster, MO: less expensive homes
- Gausdale, KY: less expensive homes
- Gary, GA: less expensive homes
- Garwoods, NY: less expensive homes
- Garrison, MT: higher priced homes
- Garland, AR: less expensive homes
- Garfield, KS: less expensive homes
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