Much like other places in this area, it's a lot less expensive compared to the country as a whole. Compared to the city of Sioux Falls, it's significantly less expensive.
Home prices
The median home in Irene costs $78,700. It is about $3,460 (4%) higher compared to its nearby areas.It is approximately $138,800 (63%) lower in comparison to the US as a whole, and it is approximately $111,100 (58%) lower in comparison to the city of Sioux Falls.
Rents
Irene's median rent is $709 a month. It is about $34 (5%) higher compared to other places in this area.In comparison to the entire country it is about $353 (33%) lower, and it is approximately $118 (14%) lower in comparison to the city of Sioux Falls.
Nearby places
Wakonda
Wakonda is about 5 miles southeast of Irene. Real estate prices there are a lot less expensive. Wakonda's median home value is $49,400, which is $29,300 (59%) lower than Irene. Rents there are a bit less expensive. In Wakonda the median rent is $575 a month, which comes out to $134 (23%) lower than Irene.
Viborg
Viborg is roughly 6 miles northeast of Irene. Real estate prices there are a bit more expensive. The value of the median home in Viborg is $91,200, which works out to $12,500 (13%) higher than Irene. Rents there are somewhat less expensive. The median monthly rent in Viborg is $620, which comes out to $89 (14%) lower than Irene.
Volin
Volin is roughly 8 miles south from Irene. The real estate prices there are fairly similar. The median home in Volin is valued at $75,500, which works out to $3,200 (4%) lower than Irene. Rent there is a bit more expensive. In Volin the median rent is $1,013 per month, which works out to $304 (30%) higher than Irene.
Centerville
Centerville is about 8 miles east from Irene. Its real estate prices are fairly similar. The median home in Centerville costs $82,000, which comes out to $3,300 (4%) higher than Irene. The rent there is a lot less expensive. Centerville's median monthly rent is $468, which comes out to $241 (51%) lower than Irene.
Mission Hill
Mission Hill is approximately 11 miles southwest of Irene. Housing prices there are similar. Mission Hill's median home value is $78,100, which is very similar to Irene. Rent there is similar. The median rent in Mission Hill is $700 a month, which works out to $9 (1%) lower than Irene.