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These days, finding an affordable place to live in the Piedmont area can be challenging. Home prices in Piedmont are now at a median cost of $343,304, higher than the South Dakota average of $268,202.
The average cost of rent is $1,045/mo in Piedmont, primarily driven by the current value of real estate in the Piedmont area. In Piedmont, 9.05% of households rent, and 42.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Piedmont is $7,605 per month. Households that rent pay about 13.74% of their income on rent here. Piedmont’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bethlehem, SD: equally priced homes
- Summerset, SD: equally priced homes
- Black Hawk, SD: less expensive homes
- Tilford, SD: equally priced homes
- Nemo, SD: higher priced homes
- Sulphur, SD: less expensive homes
- Johnson Siding, SD: higher priced homes
- Rapid City, SD: equally priced homes
- Ashland Heights, SD: less expensive homes
- Fort Meade, SD: equally priced homes
Cities with Similar Populations
- Arcadia, LA: less expensive homes
- Lennox, SD: less expensive homes
- Winsted, MN: less expensive homes
- Waterflow, NM: less expensive homes
- Wadesville, IN: less expensive homes
- Vincent, AL: less expensive homes
- Verona, NY: less expensive homes
- Sumner, IA: less expensive homes
- Ripley, OH: less expensive homes
- Princeton, MA: higher priced homes
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