The Most Affordable Neighborhoods in Ola, SD by Home Value

 

Ola, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ola area can be challenging. Home prices in Ola are now at a median cost of $250,600, higher than the South Dakota average of $199,518.

The average cost of rent is $729/mo in Ola, primarily driven by the current value of real estate in the Ola area. While nearly 84.62% of residents own their homes outright in Ola, 46.11% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ola is $5,307 per month. Households that rent pay about 13.74% of their income on rent here. Ola's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.


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