Home prices
Piedmont's median home value is $157,900. Compared to its surrounding areas this is approximately $40,660 (20%) lower.Compared to the rest of the country it is roughly $59,600 (27%) lower, and it is roughly $26,800 (14%) lower in comparison to the city of Rapid City.
Rents
The median monthly rent in Piedmont is $1,293. It is about $416 (47%) higher in comparison to its surrounding areas.It is about $231 (21%) higher compared to the United States as a whole, and it is about $456 (54%) higher compared to the city of Rapid City.
Nearby places
Summerset
Summerset is Piedmont's neighbor to the southeast. Housing prices there are a little more expensive. Summerset's median home cost is $225,200, which is $67,300 (29%) higher than Piedmont. Rent there is a little less expensive. In Summerset the median rent is $1,127 per month, which comes out to $166 (14%) lower than Piedmont.
Blackhawk
Blackhawk is approximately 4 miles south of Piedmont. Its real estate prices are somewhat more expensive. The median home in Blackhawk is valued at $179,200, which works out to $21,300 (11%) higher than Piedmont. Rents there are a lot less expensive. In Blackhawk the median rent is $954 per month, which works out to $339 (35%) lower than Piedmont.
Johnson Siding
Johnson Siding is about 8 miles south of Piedmont. Housing prices there are substantially more expensive. The median home value in Johnson Siding is $265,700, which is $107,800 (40%) higher than Piedmont. Its rents are significantly less expensive. The median rent in Johnson Siding is $785 a month, which comes out to $508 (64%) lower than Piedmont.
Sturgis
Sturgis is about 13 miles northwest from Piedmont. Its housing prices are similar. The median home in Sturgis is valued at $162,000, which is $4,100 (2%) higher than Piedmont. Rents there are significantly less expensive. In Sturgis the median monthly rent is $530, which works out to $763 (143%) lower than Piedmont.
Box Elder
Box Elder is roughly 13 miles southeast of Piedmont. The real estate prices there are pretty similar. The median home in Box Elder is valued at $160,700, which comes out to $2,800 (1%) higher than Piedmont. Rent there is a bit less expensive. The median monthly rent in Box Elder is $991, which comes out to $302 (30%) lower than Piedmont.