The Most Affordable Neighborhoods in Ottumwa, SD by Home Value

 

Ottumwa, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ottumwa area can be challenging. Home prices in Ottumwa are now at a median cost of $140,200, lower than the South Dakota average of $199,518.

The average cost of rent is $665/mo in Ottumwa, primarily driven by the current value of real estate in the Ottumwa area. While nearly 80.00% of residents own their homes outright in Ottumwa, 11.62% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ottumwa is $4,896 per month. Households that rent pay about 13.58% of their income on rent here. Ottumwa's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.


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