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These days, finding an affordable place to live in the Thunder Butte area can be challenging. Home prices in Thunder Butte are now at a median cost of $104,200, lower than the South Dakota average of $268,202.
The average cost of rent is $694/mo in Thunder Butte, primarily driven by the current value of real estate in the Thunder Butte area. In Thunder Butte, 29.47% of households rent, and 72.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thunder Butte is $4,950 per month. Households that rent pay about 14.02% of their income on rent here. Thunder Butte’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dupree, SD: equally priced homes
- Bear Creek, SD: higher priced homes
- Isabel, SD: less expensive homes
- Lantry, SD: higher priced homes
- Green Grass, SD: equally priced homes
- North Eagle Butte, SD: less expensive homes
- Faith, SD: higher priced homes
- Eagle Butte, SD: less expensive homes
- Glad Valley, SD: equally priced homes
- Coal Springs, SD: higher priced homes
Cities with Similar Populations
- Eagleville, CA: higher priced homes
- Tuscarora, NV: higher priced homes
- Turnip Hole, PA: equally priced homes
- Empire, GA: higher priced homes
- Emmons, WV: higher priced homes
- Emmett, TN: higher priced homes
- Ellsworth, OH: higher priced homes
- Easterday, KY: higher priced homes
- East Pharsalia, NY: higher priced homes
- East Peru, IA: higher priced homes
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