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Affordable
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These days, finding an affordable place to live in the Reliance area can be challenging. Home prices in Reliance are now at a median cost of $201,246, lower than the South Dakota average of $268,202.
The average cost of rent is $855/mo in Reliance, primarily driven by the current value of real estate in the Reliance area. In Reliance, 22.51% of households rent, and 66.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reliance is $6,907 per month. Households that rent pay about 12.38% of their income on rent here. Reliance’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lyman, SD: less expensive homes
- Oacoma, SD: equally priced homes
- Kennebec, SD: less expensive homes
- Iona, SD: less expensive homes
- Chamberlain, SD: higher priced homes
- Lower Brule, SD: less expensive homes
- Fort Thompson, SD: less expensive homes
- Shelby, SD: less expensive homes
- Hamill, SD: less expensive homes
- Pukwana, SD: equally priced homes
Cities with Similar Populations
- Ridgeville, PA: higher priced homes
- Pittsfield, NY: less expensive homes
- Pyletown, MO: equally priced homes
- Rea, MO: higher priced homes
- Rebuck, PA: higher priced homes
- Red Rock, AL: equally priced homes
- Redstone Arsenal, AL: higher priced homes
- Reeder, ND: less expensive homes
- Rek Hill, TX: higher priced homes
- Rexford, MS: equally priced homes
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