
Affordable
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These days, finding an affordable place to live in the Pedro area can be challenging. Home prices in Pedro are now at a median cost of $249,691, lower than the South Dakota average of $268,202.
The average cost of rent is $637/mo in Pedro, primarily driven by the current value of real estate in the Pedro area. In Pedro, 21.12% of households rent, and 76.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pedro is $5,826 per month. Households that rent pay about 10.93% of their income on rent here. Pedro’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Plainview, SD: higher priced homes
- Creighton, SD: less expensive homes
- Dalzell, SD: equally priced homes
- Howes, SD: less expensive homes
- White Owl, SD: higher priced homes
- Elm Springs, SD: higher priced homes
- Marcus, SD: higher priced homes
- Cactus Flat, SD: less expensive homes
- Milesville, SD: less expensive homes
- Enning, SD: higher priced homes
Cities with Similar Populations
- Santa Cruz, AZ: higher priced homes
- McGuire Park, WV: less expensive homes
- Meadowville, UT: higher priced homes
- Medford, ME: less expensive homes
- Melrose, VA: less expensive homes
- Meredith, CO: higher priced homes
- Meridian, PA: higher priced homes
- Metcalf Gap, TX: less expensive homes
- Methuen, MA: higher priced homes
- Meyers Chuck, AK: higher priced homes
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