Home prices
The median home in Arco costs $35,600. It is about $44,360 (55%) lower in comparison to nearby areas.Compared to the nation as a whole it is approximately $181,900 (83%) lower, and is approximately $154,200 (81%) lower compared to the city of Sioux Falls.
Rents
In Arco the median rent is $675 a month. This is roughly $13 (2%) higher compared to its nearby areas.It is approximately $387 (36%) lower in comparison to the nation as a whole, and it is approximately $152 (18%) lower in comparison to the city of Sioux Falls.
Nearby places
Ivanhoe
Ivanhoe is roughly 6 miles northwest from Arco. The real estate prices there are a lot more expensive. The median home in Ivanhoe is valued at $69,500, which works out to $33,900 (48%) higher than Arco. The rent there is a bit more expensive. Ivanhoe's median rent is $750 a month, which comes out to $75 (9%) higher than Arco.
Tyler
Tyler is about 6 miles south of Arco. Its housing prices are a lot more expensive. The median home cost in Tyler is $79,200, which comes out to $43,600 (55%) higher than Arco. The rent there is similar. In Tyler the median rent is $644 a month, which comes out to $31 (4%) lower than Arco.
Lake Benton
Lake Benton is roughly 8 miles southwest from Arco. Real estate prices there are significantly more expensive. The median home cost in Lake Benton is $86,700, which works out to $51,100 (58%) higher than Arco. The rent there is significantly less expensive. In Lake Benton the median rent is $475 a month, which is $200 (42%) lower than Arco.
Russell
Russell is approximately 10 miles east of Arco. The real estate prices there are significantly more expensive. The median home price in Russell is $81,100, which comes out to $45,500 (56%) higher than Arco. Rent there is pretty similar. In Russell the median rent is $660 a month, which works out to $15 (2%) lower than Arco.
Lynd
Lynd is roughly 12 miles east from Arco. The housing prices there are significantly more expensive. Lynd's median home price is $83,300, which is $47,700 (57%) higher than Arco. Rents there are a bit more expensive. The median rent in Lynd is $779 a month, which comes out to $104 (13%) higher than Arco.