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These days, finding an affordable place to live in the Midland area can be challenging. Home prices in Midland are now at a median cost of $150,753, lower than the South Dakota average of $268,202.
The average cost of rent is $415/mo in Midland, primarily driven by the current value of real estate in the Midland area. In Midland, 18.59% of households rent, and 67.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Midland is $6,397 per month. Households that rent pay about 6.48% of their income on rent here. Midland’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Capa, SD: higher priced homes
- Nowlin, SD: less expensive homes
- Stamford, SD: higher priced homes
- Ottumwa, SD: equally priced homes
- Okaton, SD: less expensive homes
- Hayes, SD: higher priced homes
- Kadoka, SD: less expensive homes
- Murdo, SD: equally priced homes
- Moenville, SD: equally priced homes
- Philip, SD: higher priced homes
Cities with Similar Populations
- Oakwood, MO: equally priced homes
- Navarre, KS: higher priced homes
- Navina, OK: higher priced homes
- Nay Aug, PA: higher priced homes
- Neeper, MO: less expensive homes
- New Albion, NY: less expensive homes
- New Offenburg, MO: higher priced homes
- New Scotland, NY: higher priced homes
- Newport, FL: higher priced homes
- North Fryeburg, ME: higher priced homes
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