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These days, finding an affordable place to live in the Newell area can be challenging. Home prices in Newell are now at a median cost of $197,726, lower than the South Dakota average of $268,202.
The average cost of rent is $1,018/mo in Newell, primarily driven by the current value of real estate in the Newell area. In Newell, 8.96% of households rent, and 56.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newell is $4,972 per month. Households that rent pay about 20.48% of their income on rent here. Newell’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Vale, SD: higher priced homes
- Nisland, SD: higher priced homes
- Fruitdale, SD: higher priced homes
- Volunteer, SD: higher priced homes
- St. Onge, SD: higher priced homes
- Whitewood, SD: higher priced homes
- Belle Fourche, SD: higher priced homes
- Fort Meade, SD: higher priced homes
- Sturgis, SD: higher priced homes
- Fairpoint, SD: higher priced homes
Cities with Similar Populations
- Amazonia, MO: less expensive homes
- Bloomingdale, NY: higher priced homes
- Bevier, MO: less expensive homes
- Bernard, IA: higher priced homes
- Avoca, WI: higher priced homes
- Auxier, KY: less expensive homes
- Atlanta, LA: less expensive homes
- Arkansaw, WI: higher priced homes
- Arkabutla, MS: higher priced homes
- Arden, WA: higher priced homes
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