The Most Affordable Neighborhoods in Mound City, SD by Home Value

 

Mound City, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mound City area can be challenging. Home prices in Mound City are now at a median cost of $72,595, lower than the South Dakota average of $199,518.

The average cost of rent is $672/mo in Mound City, primarily driven by the current value of real estate in the Mound City area. While nearly 69.98% of residents own their homes outright in Mound City, 17.24% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mound City is $4,791 per month. Households that rent pay about 14.02% of their income on rent here. Mound City'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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