Expensive
Affordable
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These days, finding an affordable place to live in the Philip area can be challenging. Home prices in Philip are now at a median cost of $179,048, lower than the South Dakota average of $268,202.
The average cost of rent is $581/mo in Philip, primarily driven by the current value of real estate in the Philip area. In Philip, 22.91% of households rent, and 67.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Philip is $5,161 per month. Households that rent pay about 11.26% of their income on rent here. Philip’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Philip Junction, SD: less expensive homes
- Cottonwood, SD: less expensive homes
- Ottumwa, SD: less expensive homes
- Kadoka, SD: less expensive homes
- Cactus Flat, SD: less expensive homes
- Nowlin, SD: less expensive homes
- Quinn, SD: equally priced homes
- Interior, SD: less expensive homes
- Milesville, SD: less expensive homes
- Midland, SD: less expensive homes
Cities with Similar Populations
- Dixons Mills, AL: less expensive homes
- Webster, MN: higher priced homes
- Waynoka, OK: less expensive homes
- Finlayson, MN: higher priced homes
- Fairfield Center, ME: higher priced homes
- Elwood, KS: less expensive homes
- East Victor, NY: higher priced homes
- Doon, IA: higher priced homes
- Donnelsville, OH: higher priced homes
- Weir, KS: less expensive homes
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