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These days, finding an affordable place to live in the Aitkin area can be challenging. Home prices in Aitkin are now at a median cost of $265,648, lower than the Minnesota average of $345,793.
The average cost of rent is $906/mo in Aitkin, primarily driven by the current value of real estate in the Aitkin area. In Aitkin, 20.87% of households rent, and 48.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Aitkin is $4,955 per month. Households that rent pay about 18.28% of their income on rent here. Aitkin’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Little Pine, MN: higher priced homes
- Rossburg, MN: equally priced homes
- Glory, MN: higher priced homes
- Bennettville, MN: higher priced homes
- Cuyuna, MN: higher priced homes
- Hassman, MN: equally priced homes
- Wealthwood, MN: higher priced homes
- Deerwood, MN: higher priced homes
- Glen, MN: higher priced homes
- Crosby Beach, MN: higher priced homes
Cities with Similar Populations
- Pierre Part, LA: less expensive homes
- Snow Camp, NC: less expensive homes
- Goodview, VA: equally priced homes
- Goodland, KS: less expensive homes
- Lindsborg, KS: less expensive homes
- Cambria, CA: higher priced homes
- Chester, MD: higher priced homes
- Wewahitchka, FL: less expensive homes
- Quitman, TX: less expensive homes
- Tavernier, FL: higher priced homes
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