The Most Affordable Neighborhoods in Philip Junction, SD by Home Value

 

Philip Junction, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Philip Junction area can be challenging. Home prices in Philip Junction are now at a median cost of $128,233, lower than the South Dakota average of $199,518.

The average cost of rent is $771/mo in Philip Junction, primarily driven by the current value of real estate in the Philip Junction area. While nearly 88.13% of residents own their homes outright in Philip Junction, 18.98% rent.

Housing affordability isn’t just about home prices, though. The average household income in Philip Junction is $3,722 per month. Households that rent pay about 20.72% of their income on rent here. Philip Junction's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.


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