Is Lake Preston expensive?

Lake Preston, SD

State	South Dakota
Population	400
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Lake Preston, SD

State

Population

400

Compared to nearby areas, Lake Preston is a little less expensive, and it's substantially less expensive compared to the rest of the country. It is significantly less expensive compared to the city of Sioux Falls.

Home prices

Lake Preston's median home cost is $73,800. Compared to other places in this area this is roughly $13,680 (15%) lower.In comparison to the entire country it is approximately $143,700 (66%) lower, and it is roughly $116,000 (61%) lower compared to the city of Sioux Falls.

United States

Sioux Falls

Lake Norden

De Smet

Arlington

Bryant

Lake Preston

Oldham

Comparison of median Lake Preston home price to nearby areas

Distribution of home prices for Lake Preston and nearby areas

Rents

Lake Preston's median rent is $440 a month. This is approximately $136 (23%) lower compared to its nearby areas.It is roughly $622 (58%) lower in comparison to the rest of the country, and in comparison to the city of Sioux Falls it is approximately $387 (46%) lower.

United States

Sioux Falls

Arlington

Lake Norden

Oldham

Bryant

Lake Preston

De Smet

Comparison of median Lake Preston rent to nearby areas

Distribution of rents for Lake Preston and nearby areas

Nearby places

De Smet

De Smet is approximately 7 miles west of Lake Preston. Its housing prices are a bit more expensive. The median home in De Smet costs $106,600, which works out to $32,800 (30%) higher than Lake Preston. Rent there is a little less expensive. The median rent in De Smet is $375 per month, which works out to $65 (17%) lower than Lake Preston.

Oldham

Oldham is roughly 8 miles south from Lake Preston. Its housing prices are significantly less expensive. The median home in Oldham costs $37,100, which is $36,700 (98%) lower than Lake Preston. Its rents are somewhat more expensive. In Oldham the median monthly rent is $525, which is $85 (16%) higher than Lake Preston.

Arlington

Arlington is approximately 10 miles east of Lake Preston. The housing prices there are somewhat more expensive. Arlington's median home value is $101,600, which is $27,800 (27%) higher than Lake Preston. Its rents are substantially more expensive. The median monthly rent in Arlington is $745, which is $305 (40%) higher than Lake Preston.

Bryant

Bryant is approximately 14 miles north from Lake Preston. The housing prices there are a little more expensive. The median home price in Bryant is $83,200, which is $9,400 (11%) higher than Lake Preston. Its rents are a little more expensive. Bryant's median monthly rent is $515, which comes out to $75 (14%) higher than Lake Preston.

Lake Norden

Lake Norden is about 15 miles northeast of Lake Preston. Its real estate prices are a lot more expensive. The median home in Lake Norden costs $108,900, which is $35,100 (32%) higher than Lake Preston. Rent there is significantly more expensive. In Lake Norden the median monthly rent is $720, which is $280 (38%) higher than Lake Preston.