The Most Affordable Neighborhoods in Wessington Springs, SD by Home Value

These days, finding an affordable place to live in the Wessington Springs area can be challenging. Home prices in Wessington Springs are now at a median cost of $132,130, lower than the South Dakota average of $268,202.

The average cost of rent is $646/mo in Wessington Springs, primarily driven by the current value of real estate in the Wessington Springs area. In Wessington Springs, 19.78% of households rent, and 62.48% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wessington Springs is $5,090 per month. Households that rent pay about 12.69% of their income on rent here. Wessington Springs’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern 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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