The Most Affordable Neighborhoods in Alfred, ND by Home Value

 

Alfred, ND Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Alfred area can be challenging. Home prices in Alfred are now at a median cost of $152,841, lower than the North Dakota average of $223,566.

The average cost of rent is $465/mo in Alfred, primarily driven by the current value of real estate in the Alfred area. While nearly 76.04% of residents own their homes outright in Alfred, 15.16% rent.

Housing affordability isn’t just about home prices, though. The average household income in Alfred is $4,754 per month. Households that rent pay about 9.77% of their income on rent here. Alfred's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.


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