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These days, finding an affordable place to live in the Yale area can be challenging. Home prices in Yale are now at a median cost of $216,500, lower than the South Dakota average of $268,202.
The average cost of rent is $686/mo in Yale, primarily driven by the current value of real estate in the Yale area. In Yale, 14.13% of households rent, and 61.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Yale is $6,188 per month. Households that rent pay about 11.09% of their income on rent here. Yale’s most expensive areas are in the central 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
- Riverside Colony, SD: equally priced homes
- Osceola, SD: less expensive homes
- Carpenter, SD: equally priced homes
- Cavour, SD: higher priced homes
- Huron Colony, SD: equally priced homes
- Pearl Creek Colony, SD: higher priced homes
- Huron, SD: less expensive homes
- Iroquois, SD: less expensive homes
- Morningside, SD: equally priced homes
- Manchester, SD: less expensive homes
Cities with Similar Populations
- Bluffton, GA: less expensive homes
- Badger, CA: higher priced homes
- Barranca, NM: higher priced homes
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- Bay Lake, FL: higher priced homes
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- Bent Creek, VA: less expensive homes
- Benton City, MO: less expensive homes
- Berlin, ND: less expensive homes
- Bernard, ME: higher priced homes
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