The Most Affordable Neighborhoods in New Underwood, SD by Home Value

 

New Underwood, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Underwood area can be challenging. Home prices in New Underwood are now at a median cost of $177,361, lower than the South Dakota average of $199,518.

The average cost of rent is $737/mo in New Underwood, primarily driven by the current value of real estate in the New Underwood area. While nearly 28.93% of residents own their homes outright in New Underwood, 18.19% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Underwood is $6,208 per month. Households that rent pay about 11.87% of their income on rent here. New Underwood's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.


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