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Affordable
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These days, finding an affordable place to live in the Adrian area can be challenging. Home prices in Adrian are now at a median cost of $165,959, lower than the Minnesota average of $345,793.
The average cost of rent is $930/mo in Adrian, primarily driven by the current value of real estate in the Adrian area. In Adrian, 11.90% of households rent, and 51.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Adrian is $6,119 per month. Households that rent pay about 15.19% of their income on rent here. Adrian’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rushmore, MN: equally priced homes
- Magnolia, MN: higher priced homes
- Lismore, MN: equally priced homes
- Ellsworth, MN: less expensive homes
- Kanaranzi, MN: higher priced homes
- Wilmont, MN: higher priced homes
- Kenneth, MN: higher priced homes
- Reading, MN: higher priced homes
- Little Rock, IA: equally priced homes
- Luverne, MN: higher priced homes
Cities with Similar Populations
- Cape Vincent, NY: higher priced homes
- Bratenahl, OH: higher priced homes
- Edisto Island, SC: higher priced homes
- Mathias, WV: less expensive homes
- Wellston, MI: equally priced homes
- Rucker, CA: higher priced homes
- Watkins, CO: higher priced homes
- Cooperstown, PA: less expensive homes
- Greenfield, NH: higher priced homes
- Redhouse, KY: higher priced homes
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