The Most Affordable Neighborhoods in Red Shirt, SD by Home Value

 

Red Shirt, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Red Shirt area can be challenging. Home prices in Red Shirt are now at a median cost of $216,662, lower than the South Dakota average of $268,202.

The average cost of rent is $864/mo in Red Shirt, primarily driven by the current value of real estate in the Red Shirt area. In Red Shirt, 26.47% of households rent, and 77.89% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Red Shirt is $3,996 per month. Households that rent pay about 21.63% of their income on rent here. Red Shirt’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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