Home prices
The median home in Box Elder costs $160,700. In comparison to its nearby areas it is roughly $17,940 (10%) lower.It is approximately $56,800 (26%) lower compared to the nation as a whole, and in comparison to the city of Rapid City is about $24,000 (12%) lower.
Rents
The median rent in Box Elder is $991 a month. In comparison to other places in this area this is about $20 (1%) lower.It is roughly $71 (6%) lower compared to the United States as a whole, and it is roughly $154 (18%) higher compared to the city of Rapid City.
Nearby places
Rapid Valley
Rapid Valley is Box Elder's neighbor to the southwest. Its housing prices are similar. The median home price in Rapid Valley is $161,100, which is very similar to Box Elder. Its rents are a little less expensive. The median monthly rent in Rapid Valley is $834, which is $157 (18%) lower than Box Elder.
Green Valley
Green Valley is roughly 4 miles south from Box Elder. Its housing prices are a little more expensive. Green Valley's median home price is $169,800, which comes out to $9,100 (5%) higher than Box Elder. Rent there is somewhat less expensive. In Green Valley the median monthly rent is $848, which is $143 (16%) lower than Box Elder.
Blackhawk
Blackhawk is roughly 10 miles west of Box Elder. Its housing prices are somewhat more expensive. The median home in Blackhawk costs $179,200, which is $18,500 (10%) higher than Box Elder. Rents there are similar. The median monthly rent in Blackhawk is $954, which works out to $37 (3%) lower than Box Elder.
Summerset
Summerset is roughly 11 miles northwest of Box Elder. The real estate prices there are somewhat more expensive. Summerset's median home value is $225,200, which works out to $64,500 (28%) higher than Box Elder. Rent there is somewhat more expensive. The median monthly rent in Summerset is $1,127, which is $136 (12%) higher than Box Elder.
Piedmont
Piedmont is approximately 13 miles northwest of Box Elder. The real estate prices there are similar. Piedmont's median home price is $157,900, which comes out to $2,800 (1%) lower than Box Elder. The rent there is somewhat more expensive. The median monthly rent in Piedmont is $1,293, which is $302 (23%) higher than Box Elder.
