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These days, finding an affordable place to live in the Spain area can be challenging. Home prices in Spain are now at a median cost of $124,800, lower than the South Dakota average of $199,518.
The average cost of rent is $688/mo in Spain, primarily driven by the current value of real estate in the Spain area. While nearly 60.92% of residents own their homes outright in Spain, 16.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spain is $5,962 per month. Households that rent pay about 11.54% of their income on rent here. Spain's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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