The Most Affordable Neighborhoods in Milltown, SD by Home Value

 

Milltown, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Milltown area can be challenging. Home prices in Milltown are now at a median cost of $209,391, higher than the South Dakota average of $199,518.

The average cost of rent is $687/mo in Milltown, primarily driven by the current value of real estate in the Milltown area. While nearly 55.18% of residents own their homes outright in Milltown, 24.13% rent.

Housing affordability isn’t just about home prices, though. The average household income in Milltown is $5,939 per month. Households that rent pay about 11.56% of their income on rent here. Milltown's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.


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