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These days, finding an affordable place to live in the Madsen Beach area can be challenging. Home prices in Madsen Beach are now at a median cost of $193,300, lower than the South Dakota average of $268,202.
The average cost of rent is $633/mo in Madsen Beach, primarily driven by the current value of real estate in the Madsen Beach area. In Madsen Beach, 8.53% of households rent, and 58.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Madsen Beach is $6,283 per month. Households that rent pay about 10.07% of their income on rent here. Madsen Beach’s most expensive areas are in the central 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
- Foster, MN: higher priced homes
- Hartford Beach, SD: higher priced homes
- Shady Beach, SD: higher priced homes
- Wilmot, SD: equally priced homes
- Corona, SD: higher priced homes
- Beardsley, MN: higher priced homes
- Barry, MN: equally priced homes
- Clinton, MN: equally priced homes
- Browns Valley, MN: less expensive homes
- Peever, SD: equally priced homes
Cities with Similar Populations
- Whitesville, MO: higher priced homes
- West Laurens, NY: less expensive homes
- West Le Mars, IA: less expensive homes
- West Seboeis, ME: higher priced homes
- Hughes, AK: less expensive homes
- Huegely, IL: less expensive homes
- Hub, MS: equally priced homes
- West Southport, ME: higher priced homes
- West Van Voorhis, WV: higher priced homes
- West Williamsfield, OH: less expensive homes
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