Home prices
The price of the median home in Lead is $123,200. Compared to other places in this area this is about $33,560 (21%) lower.In comparison to the rest of the nation it is roughly $94,300 (43%) lower, and compared to the city of Rapid City is approximately $61,500 (33%) lower.
Rents
In Lead the median rent is $707 per month. In comparison to nearby areas it is about $23 (3%) lower.It is approximately $355 (33%) lower in comparison to the US as a whole, and compared to the city of Rapid City is about $130 (15%) lower.
Nearby places
Deadwood
Deadwood is Lead's neighbor to the northeast. Its housing prices are a bit more expensive. The median home in Deadwood costs $160,700, which works out to $37,500 (23%) higher than Lead. Rent there is a little less expensive. Deadwood's median monthly rent is $593, which comes out to $114 (19%) lower than Lead.
Central City
Central City is about 1 mile north from Lead. Its housing prices are a little less expensive. Central City's median home cost is $106,300, which works out to $16,900 (15%) lower than Lead. Rents there are similar. Central City's median monthly rent is $730, which is $23 (3%) higher than Lead.
Whitewood
Whitewood is about 8 miles northeast from Lead. Housing prices there are a little less expensive. The price of the median home in Whitewood is $114,400, which comes out to $8,800 (7%) lower than Lead. Rent there is fairly similar. In Whitewood the median rent is $744 a month, which works out to $37 (4%) higher than Lead.
Spearfish
Spearfish is approximately 9 miles north from Lead. The housing prices there are significantly more expensive. The median home value in Spearfish is $212,700, which comes out to $89,500 (42%) higher than Lead. Its rents are a bit more expensive. Spearfish's median monthly rent is $763, which works out to $56 (7%) higher than Lead.
North Spearfish
North Spearfish is about 11 miles northwest from Lead. Its housing prices are substantially more expensive. The median home in North Spearfish costs $189,700, which is $66,500 (35%) higher than Lead. Rent there is a little more expensive. North Spearfish's median rent is $821 per month, which works out to $114 (13%) higher than Lead.