Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Promise area can be challenging. Home prices in Promise are now at a median cost of $86,888, lower than the South Dakota average of $199,518.
The average cost of rent is $509/mo in Promise, primarily driven by the current value of real estate in the Promise area. While nearly 75.38% of residents own their homes outright in Promise, 44.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in Promise is $3,114 per month. Households that rent pay about 16.35% of their income on rent here. Promise's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- North Riverside, SD: equally priced homes
- Akaska, SD: higher priced homes
- Fayette, SD: higher priced homes
- La Plant, SD: equally priced homes
- Glenham, SD: higher priced homes
- Mobridge, SD: higher priced homes
- Forest City, SD: equally priced homes
- Trail City, SD: less expensive homes
- Selby, SD: higher priced homes
- Sitka, SD: higher priced homes
Cities with Similar Populations
- Fairbanks, MN: higher priced homes
- Wintersburg, AZ: higher priced homes
- Witherspoon, AR: higher priced homes
- Fowler, AR: higher priced homes
- Fossum, MN: higher priced homes
- Fort Green, FL: higher priced homes
- Fitzhugh, AR: higher priced homes
- Fife, TX: higher priced homes
- Fenwick, CT: higher priced homes
- Fenn, ID: higher priced homes
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