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These days, finding an affordable place to live in the Ramona area can be challenging. Home prices in Ramona are now at a median cost of $129,618, lower than the South Dakota average of $268,202.
The average cost of rent is $763/mo in Ramona, primarily driven by the current value of real estate in the Ramona area. In Ramona, 12.85% of households rent, and 53.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ramona is $7,243 per month. Households that rent pay about 10.54% of their income on rent here. Ramona’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Junius, SD: higher priced homes
- Prairie Village, SD: higher priced homes
- Oldham, SD: higher priced homes
- Madison, SD: higher priced homes
- Winfred, SD: higher priced homes
- Sinai, SD: higher priced homes
- Nunda, SD: higher priced homes
- Cloverleaf Colony, SD: higher priced homes
- Wentworth, SD: higher priced homes
- Rutland, SD: higher priced homes
Cities with Similar Populations
- Provident City, TX: higher priced homes
- Newburg, IA: higher priced homes
- Newcomb, NY: higher priced homes
- North Wellville, VA: higher priced homes
- Oran, IA: higher priced homes
- Oriental, PA: higher priced homes
- Piper, PA: higher priced homes
- Prattville, MI: higher priced homes
- Preston, KS: less expensive homes
- Progress, IN: higher priced homes
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