
Affordable
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These days, finding an affordable place to live in the Alpha area can be challenging. Home prices in Alpha are now at a median cost of $180,247, lower than the Minnesota average of $345,793.
The average cost of rent is $840/mo in Alpha, primarily driven by the current value of real estate in the Alpha area. In Alpha, 14.93% of households rent, and 51.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alpha is $7,971 per month. Households that rent pay about 10.54% of their income on rent here. Alpha’s most expensive areas are in the northeastern 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
- Jackson, MN: less expensive homes
- Sherburn, MN: less expensive homes
- Petersburg, MN: equally priced homes
- Dunnell, MN: less expensive homes
- Trimont, MN: less expensive homes
- Welcome, MN: equally priced homes
- Huntington, IA: less expensive homes
- Lakefield, MN: less expensive homes
- Ceylon, MN: less expensive homes
- Superior, IA: higher priced homes
Cities with Similar Populations
- Farmers Mills, NY: higher priced homes
- Mount Baldy, CA: higher priced homes
- Mills, KY: less expensive homes
- Eckley, CO: higher priced homes
- Edgemoor, WA: higher priced homes
- Burna, KY: less expensive homes
- McNeil, TX: higher priced homes
- Brushyknob, MO: equally priced homes
- Maple Hill, MN: higher priced homes
- Cassville, PA: equally priced homes
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