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These days, finding an affordable place to live in the Scotland area can be challenging. Home prices in Scotland are now at a median cost of $140,258, lower than the South Dakota average of $199,518.
The average cost of rent is $602/mo in Scotland, primarily driven by the current value of real estate in the Scotland area. While nearly 60.39% of residents own their homes outright in Scotland, 15.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Scotland is $5,949 per month. Households that rent pay about 10.11% of their income on rent here. Scotland's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Olivet, SD: higher priced homes
- Menno, SD: less expensive homes
- Lesterville, SD: higher priced homes
- Kaylor, SD: higher priced homes
- Tripp, SD: less expensive homes
- Tyndall, SD: less expensive homes
- Vedin Corner, SD: higher priced homes
- Tschetter Colony, SD: higher priced homes
- Tabor, SD: less expensive homes
- Utica, SD: higher priced homes
Cities with Similar Populations
- Argyle, WI: equally priced homes
- Woodlawn, TX: equally priced homes
- Washington, KS: less expensive homes
- Wagarville, MI: less expensive homes
- Villa, OH: higher priced homes
- Vici, OK: less expensive homes
- Susquehanna, PA: higher priced homes
- Starksboro, VT: higher priced homes
- Stafford, CT: higher priced homes
- Southwest City, MO: less expensive homes
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