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These days, finding an affordable place to live in the Almelund area can be challenging. Home prices in Almelund are now at a median cost of $405,745, higher than the Minnesota average of $345,793.
The average cost of rent is $1,337/mo in Almelund, primarily driven by the current value of real estate in the Almelund area. In Almelund, 3.63% of households rent, and 28.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Almelund is $9,911 per month. Households that rent pay about 13.49% of their income on rent here. Almelund’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sunrise, MN: equally priced homes
- North Branch, MN: less expensive homes
- Center City, MN: equally priced homes
- Lindstrom, MN: equally priced homes
- Harris, MN: less expensive homes
- Chisago City, MN: equally priced homes
- Wolf Creek, WI: less expensive homes
- Stacy, MN: less expensive homes
- Shafer, MN: less expensive homes
- Taylors Falls, MN: less expensive homes
Cities with Similar Populations
- Alberta, MN: less expensive homes
- Little Water, NM: less expensive homes
- Mcclusky, ND: less expensive homes
- North Tunica, MS: less expensive homes
- Calpack, CA: higher priced homes
- Swift, TN: less expensive homes
- Swallowfield, KY: less expensive homes
- Trade, AL: less expensive homes
- Olsburg, KS: less expensive homes
- Dukedom, TN: less expensive homes
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