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Affordable
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These days, finding an affordable place to live in the Alborn area can be challenging. Home prices in Alborn are now at a median cost of $259,061, lower than the Minnesota average of $345,793.
The average cost of rent is $1,195/mo in Alborn, primarily driven by the current value of real estate in the Alborn area. In Alborn, 7.25% of households rent, and 45.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alborn is $6,448 per month. Households that rent pay about 18.53% of their income on rent here. Alborn’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Prosit, MN: equally priced homes
- Culver, MN: equally priced homes
- Burnett, MN: higher priced homes
- Canyon, MN: higher priced homes
- Payne, MN: equally priced homes
- Saginaw, MN: higher priced homes
- Brookston, MN: less expensive homes
- Meadowlands, MN: less expensive homes
- Harnell Park, MN: higher priced homes
- Shaw, MN: higher priced homes
Cities with Similar Populations
- Gerlach, NV: higher priced homes
- Klukwan, AK: higher priced homes
- Trinity Alps, CA: higher priced homes
- Kelleys Island, OH: higher priced homes
- Cove Creek, TN: less expensive homes
- Tabernacle, NJ: higher priced homes
- Teller, AK: less expensive homes
- Mount Hebron, CA: less expensive homes
- Chubbtown, GA: equally priced homes
- Chromo, CO: higher priced homes
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