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These days, finding an affordable place to live in the Willow Lake area can be challenging. Home prices in Willow Lake are now at a median cost of $199,227, lower than the South Dakota average of $268,202.
The average cost of rent is $845/mo in Willow Lake, primarily driven by the current value of real estate in the Willow Lake area. In Willow Lake, 29.44% of households rent, and 48.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Willow Lake is $6,003 per month. Households that rent pay about 14.08% of their income on rent here. Willow Lake’s most expensive areas are in the southwestern 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.
Nearby Cities
- Vienna, SD: higher priced homes
- Bryant, SD: higher priced homes
- Bancroft, SD: equally priced homes
- Hazel, SD: higher priced homes
- Erwin, SD: less expensive homes
- Clark, SD: less expensive homes
- Carpenter, SD: equally priced homes
- Osceola, SD: less expensive homes
- Raymond, SD: less expensive homes
- DeSmet, SD: equally priced homes
Cities with Similar Populations
- Woodford, SC: less expensive homes
- Danevang, TX: less expensive homes
- Crum, WV: less expensive homes
- Wingville, OR: higher priced homes
- Winston, MO: equally priced homes
- Wolf Creek, MT: higher priced homes
- Cokeburg, PA: less expensive homes
- Wolf Lake, MI: less expensive homes
- Cocolamus, PA: higher priced homes
- Coburn, PA: higher priced homes
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