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These days, finding an affordable place to live in the Shady Beach area can be challenging. Home prices in Shady Beach are now at a median cost of $311,540, higher than the South Dakota average of $268,202.
The average cost of rent is $718/mo in Shady Beach, primarily driven by the current value of real estate in the Shady Beach area. In Shady Beach, 6.16% of households rent, and 62.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shady Beach is $7,713 per month. Households that rent pay about 9.31% of their income on rent here. Shady Beach’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
- Hartford Beach, SD: equally priced homes
- Foster, MN: less expensive homes
- Madsen Beach, SD: less expensive homes
- Corona, SD: equally priced homes
- Big Stone City, SD: less expensive homes
- Lagoona Beach, MN: less expensive homes
- Clinton, MN: less expensive homes
- Ortonville, MN: less expensive homes
- Milbank, SD: less expensive homes
- Wilmot, SD: less expensive homes
Cities with Similar Populations
- Enon, KY: less expensive homes
- Wing, IL: less expensive homes
- Winterburne, PA: less expensive homes
- Wiseman, AR: less expensive homes
- Forest Hill, IN: less expensive homes
- Witt Springs, KY: less expensive homes
- Floraville, IL: equally priced homes
- Woodland, MO: less expensive homes
- Fletcher, TX: less expensive homes
- Woodrow, CO: less expensive homes
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