Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rapid Valley area can be challenging. Home prices in Rapid Valley are now at a median cost of $199,238, lower than the South Dakota average of $199,518.
The average cost of rent is $1,190/mo in Rapid Valley, primarily driven by the current value of real estate in the Rapid Valley area. While nearly 42.05% of residents own their homes outright in Rapid Valley, 19.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rapid Valley is $6,003 per month. Households that rent pay about 19.83% of their income on rent here. Rapid Valley's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Ashland Heights, SD: less expensive homes
- Box Elder, SD: equally priced homes
- Rapid City, SD: higher priced homes
- Sulphur, SD: equally priced homes
- Ellsworth Afb, SD: equally priced homes
- Farmingdale, SD: higher priced homes
- Caputa, SD: higher priced homes
- Black Hawk, SD: equally priced homes
- Summerset, SD: higher priced homes
- Johnson Siding, SD: higher priced homes
Cities with Similar Populations
- Beverly Hills, MI: higher priced homes
- Whippany, NJ: higher priced homes
- Bonadelle Ranchos-Madera Ranchos, CA: higher priced homes
- Bohemia, NY: higher priced homes
- Bogota, NJ: higher priced homes
- Blue Ridge, GA: higher priced homes
- Bladensburg, MD: higher priced homes
- Blackstone, MA: higher priced homes
- Blacksburg, SC: less expensive homes
- Bithlo, FL: less expensive homes
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