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Affordable
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These days, finding an affordable place to live in the Peno area can be challenging. Home prices in Peno are now at a median cost of $166,093, lower than the South Dakota average of $268,202.
The average cost of rent is $684/mo in Peno, primarily driven by the current value of real estate in the Peno area. In Peno, 34.33% of households rent, and 86.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peno is $5,075 per month. Households that rent pay about 13.49% of their income on rent here. Peno’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stephan, SD: higher priced homes
- Lower Brule, SD: less expensive homes
- Fort Thompson, SD: less expensive homes
- DeGrey, SD: higher priced homes
- Van Order, SD: higher priced homes
- Gann Valley, SD: less expensive homes
- Harrold, SD: higher priced homes
- Holabird, SD: higher priced homes
- Lyman, SD: equally priced homes
- Bramhall, SD: equally priced homes
Cities with Similar Populations
- Seboeis, ME: equally priced homes
- Lums Chapel, TX: higher priced homes
- Maitland, PA: equally priced homes
- Marmon, ND: higher priced homes
- Marshall Ford, TX: higher priced homes
- Sapphire Village, MT: higher priced homes
- Scant City, AL: higher priced homes
- Scofield, UT: higher priced homes
- Scottown, KY: equally priced homes
- Scow Bay, AK: higher priced homes
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