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These days, finding an affordable place to live in the Rushmore area can be challenging. Home prices in Rushmore are now at a median cost of $173,695, lower than the Minnesota average of $345,793.
The average cost of rent is $820/mo in Rushmore, primarily driven by the current value of real estate in the Rushmore area. In Rushmore, 15.91% of households rent, and 56.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rushmore is $5,591 per month. Households that rent pay about 14.67% of their income on rent here. Rushmore’s most expensive areas are in the northern 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.
Nearby Cities
- Adrian, MN: equally priced homes
- Bigelow, MN: equally priced homes
- Reading, MN: higher priced homes
- Worthington, MN: higher priced homes
- Wilmont, MN: equally priced homes
- Lismore, MN: equally priced homes
- Ellsworth, MN: less expensive homes
- Little Rock, IA: equally priced homes
- Allendorf, IA: higher priced homes
- Magnolia, MN: higher priced homes
Cities with Similar Populations
- Dewey, IL: higher priced homes
- Earley, NC: less expensive homes
- Dumont, CO: higher priced homes
- Drewryville, VA: higher priced homes
- Doyle, CA: higher priced homes
- Dowell, IL: less expensive homes
- Dover, KS: higher priced homes
- Dolen, TX: less expensive homes
- Dodds, OH: higher priced homes
- Dillon, GA: higher priced homes
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