The Most Affordable Neighborhoods in Mobridge, SD by Home Value

 

Mobridge, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mobridge area can be challenging. Home prices in Mobridge are now at a median cost of $114,014, lower than the South Dakota average of $199,518.

The average cost of rent is $736/mo in Mobridge, primarily driven by the current value of real estate in the Mobridge area. While nearly 43.58% of residents own their homes outright in Mobridge, 39.42% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mobridge is $4,422 per month. Households that rent pay about 16.64% of their income on rent here. Mobridge's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.


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