Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alvarado area can be challenging. Home prices in Alvarado are now at a median cost of $140,866, lower than the Minnesota average of $269,934.
The average cost of rent is $556/mo in Alvarado, primarily driven by the current value of real estate in the Alvarado area. While nearly 57.00% of residents own their homes outright in Alvarado, 14.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alvarado is $6,274 per month. Households that rent pay about 8.86% of their income on rent here. Alvarado's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Oslo, MN: equally priced homes
- Tabor, MN: higher priced homes
- Manvel, ND: higher priced homes
- Warren, MN: less expensive homes
- Argyle, MN: equally priced homes
- Ardoch, ND: equally priced homes
- Warsaw, ND: less expensive homes
- Sherack, MN: higher priced homes
- Minto, ND: less expensive homes
- East Grand Forks, MN: higher priced homes
Cities with Similar Populations
- Castalia, IA: less expensive homes
- Gadsden, AZ: equally priced homes
- Gossburg, TN: higher priced homes
- Gracemont, OK: less expensive homes
- Wilkinson, TX: less expensive homes
- Guatay, CA: higher priced homes
- Hardwick, MA: higher priced homes
- Welcome, LA: less expensive homes
- Rhodes, IA: higher priced homes
- Riggins, ID: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood