The Most Affordable Neighborhoods in Slim Butte, SD by Home Value

 

Slim Butte, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Slim Butte area can be challenging. Home prices in Slim Butte are now at a median cost of $113,000, lower than the South Dakota average of $268,202.

The average cost of rent is $953/mo in Slim Butte, primarily driven by the current value of real estate in the Slim Butte area. In Slim Butte, 21.30% of households rent, and 77.82% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Slim Butte is $6,099 per month. Households that rent pay about 15.63% of their income on rent here. Slim Butte’s most expensive areas are in the northern regions, while the cheapest areas are in the northern 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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