Hot Springs, located in Fall River County, South Dakota, is a welcoming town known for its therapeutic mineral springs, vibrant arts scene, and outdoor recreational activities. This area boasts stunning landscapes, historical significance, and a friendly community atmosphere. This article explores the best residential areas in Hot Springs, highlighting unique characteristics, housing options, average prices, and essential amenities for potential residents.
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Downtown Hot Springs

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Downtown Hot Springs is the bustling heart of the town, featuring a charming mix of historic buildings, local shops, and cultural sites. It is ideal for those who enjoy urban conveniences and a lively atmosphere.
Characteristics of the Downtown Hot Springs
* Culture: Rich history with art galleries and local events
* Transportation: Walkable area with access to public transit
* Services: Grocery stores, cafes, shops, and medical facilities
* Environment: Vibrant and community-oriented
Housing Options in the Downtown Hot Springs
Historic homes, Apartments, Single-family homes
Average Home Prices in the Downtown Hot Springs
* Buying: $150,000 – $300,000
* Renting: $900 – $1,400/month
Stone Cliffs Subdivision

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The Stone Cliffs Subdivision offers breathtaking views and a serene lifestyle surrounded by nature. This area is suitable for families and those seeking a more relaxed living environment, combined with easy access to town amenities.
Characteristics of the Stone Cliffs Subdivision
* Culture: Family-friendly community with neighborhood events
* Transportation: Car recommended, close to main roads
* Services: Nearby schools, parks, and recreational areas
* Environment: Quiet and scenic
Housing Options in the Stone Cliffs Subdivision
Single-family homes, Ranch-style homes
Average Home Prices in the Stone Cliffs Subdivision
* Buying: $250,000 – $400,000
* Renting: $1,200 – $1,700/month
Fall River Estates

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Fall River Estates features spacious homes on larger lots, providing ample outdoor space for families. This neighborhood is known for its proximity to the river and access to outdoor recreational activities.
Characteristics of the Fall River Estates
* Culture: Nature-centric lifestyle with a focus on family and community
* Transportation: Car essential, nearby roads offer good connectivity
* Services: Close to schools, parks, and the Hot Springs pool
* Environment: Spacious and family-friendly
Housing Options in the Fall River Estates
Large single-family homes, Custom builds
Average Home Prices in the Fall River Estates
* Buying: $230,000 – $350,000
* Renting: $1,100 – $1,600/month
Riverview Terrace

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Riverview Terrace is a peaceful residential area offering stunning views of the Fall River and the surrounding hills. It is perfect for nature lovers and those seeking tranquility within a friendly neighborhood setting.
Characteristics of the Riverview Terrace
* Culture: Strong emphasis on nature trails and outdoor activities
* Transportation: Car required for most errands, though some amenities are nearby
* Services: Parks, trails, and neighboring community resources
* Environment: Tranquil and nature-focused
Housing Options in the Riverview Terrace
Single-family homes, Townhouses
Average Home Prices in the Riverview Terrace
* Buying: $220,000 – $320,000
* Renting: $1,000 – $1,500/month
Whispering Pines

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Whispering Pines is known for its picturesque setting and large pine trees, providing a serene atmosphere. It’s an excellent choice for families and retirees looking for a peaceful environment.
Characteristics of the Whispering Pines
* Culture: Quiet, with an emphasis on outdoor activities and wildlife
* Transportation: Car essential, close to major highways
* Services: Nearby grocery, schools, and access to nature
* Environment: Relaxed and nature-oriented
Housing Options in the Whispering Pines
Single-family homes, Cabins
Average Home Prices in the Whispering Pines
* Buying: $200,000 – $350,000
* Renting: $950 – $1,300/month
Summit Ridge

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Summit Ridge is known for its elevated homes and panoramic views. Residents enjoy spacious lots and a safe environment, making it ideal for families and retirees alike.
Characteristics of the Summit Ridge
* Culture: Supportive community with neighborhood gatherings
* Transportation: Car required, but facilities are within a short drive
* Services: Schools, shopping centers, and parks nearby
* Environment: Safe and community-oriented
Housing Options in the Summit Ridge
Single-family homes, Luxury homes
Average Home Prices in the Summit Ridge
* Buying: $300,000 – $500,000
* Renting: $1,300 – $1,800/month
Frequently Asked Questions About the Best Residential Areas in Hot Springs:
The most sought-after residential areas in Hot Springs include Downtown Hot Springs, Stone Cliffs Subdivision, Fall River Estates, and Riverview Terrace.
Yes, Downtown Hot Springs offers community events, schools, and parks, making it a vibrant and family-friendly area.
The average home price in Hot Springs ranges from $200,000 to $350,000, depending on the area and type of property.
Fall River Estates and Riverview Terrace provide ample access to outdoor activities such as hiking, fishing, and parks.
Yes, most neighborhoods in Hot Springs offer rental options ranging from $900 to $1,800 per month.
Whispering Pines and Summit Ridge are particularly appealing to retirees due to their peaceful atmospheres and community activities.
Hot Springs has a reputable school system, with several schools located conveniently within the community.
Downtown Hot Springs has grocery stores, restaurants, parks, and access to medical facilities.
Public transportation is limited, so having a car is recommended for commuting and accessing amenities.
Hot Springs has a semi-arid climate with warm summers and cold winters, making it ideal for a variety of outdoor activities year-round.
Conclusion on the Best Residential Areas in Hot Springs:
Hot Springs, SD, offers a diverse range of residential options for prospective residents. Each neighborhood features unique characteristics catering to various lifestyles, whether you prefer the vibrant community of Downtown, the tranquility of Whispering Pines, or the family-friendly environment found in Fall River Estates and Stone Cliffs Subdivision. With its natural beauty, friendly community, and ample amenities, Hot Springs represents an attractive choice for anyone looking to settle in South Dakota. By considering factors such as housing options, average prices, local culture, and nearby services, potential residents can make informed decisions about their next home.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.