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These days, finding an affordable place to live in the Minnekahta area can be challenging. Home prices in Minnekahta are now at a median cost of $343,838, higher than the South Dakota average of $268,202.
The average cost of rent is $1,025/mo in Minnekahta, primarily driven by the current value of real estate in the Minnekahta area. In Minnekahta, 12.95% of households rent, and 53.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Minnekahta is $6,482 per month. Households that rent pay about 15.81% of their income on rent here. Minnekahta’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hot Springs, SD: less expensive homes
- Pringle, SD: higher priced homes
- Dudley, SD: less expensive homes
- Buffalo Gap, SD: less expensive homes
- Edgemont, SD: less expensive homes
- Provo, SD: less expensive homes
- Oral, SD: less expensive homes
- Sanator, SD: higher priced homes
- Custer, SD: equally priced homes
- Rumford, SD: less expensive homes
Cities with Similar Populations
- South Liberty, TN: less expensive homes
- Fruitvale, ID: equally priced homes
- Gainsboro, AR: less expensive homes
- Ganges, MI: less expensive homes
- Gary, SD: less expensive homes
- Gayville, SD: less expensive homes
- Geeville, MS: less expensive homes
- Geuda Springs, KS: less expensive homes
- Gills, VA: less expensive homes
- Glasgow, GA: higher priced homes
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