The Most Affordable Neighborhoods in Spring Creek Colony, SD by Home Value

 

Spring Creek Colony, SD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Spring Creek Colony area can be challenging. Home prices in Spring Creek Colony are now at a median cost of $125,881, lower than the South Dakota average of $268,202.

The average cost of rent is $546/mo in Spring Creek Colony, primarily driven by the current value of real estate in the Spring Creek Colony area. In Spring Creek Colony, 18.62% of households rent, and 89.96% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Spring Creek Colony is $7,870 per month. Households that rent pay about 6.94% of their income on rent here. Spring Creek Colony’s most expensive areas are in the eastern regions, while the cheapest areas are in the central 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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