Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Arco area can be challenging. Home prices in Arco are now at a median cost of $175,664, lower than the Minnesota average of $269,934.
The average cost of rent is $790/mo in Arco, primarily driven by the current value of real estate in the Arco area. While nearly 63.49% of residents own their homes outright in Arco, 10.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Arco is $6,444 per month. Households that rent pay about 12.26% of their income on rent here. Arco's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Ivanhoe, MN: less expensive homes
- Tyler, MN: less expensive homes
- Lake Benton, MN: less expensive homes
- Russell, MN: equally priced homes
- Florence, MN: higher priced homes
- Wilno, MN: less expensive homes
- Lynd, MN: higher priced homes
- Burchard, MN: higher priced homes
- Hendricks, MN: less expensive homes
- Verdi, MN: less expensive homes
Cities with Similar Populations
- Woodmans Mills, ME: higher priced homes
- Fivemile, WV: less expensive homes
- Five Points, NC: less expensive homes
- Fence Lake, NM: less expensive homes
- St. Joseph, PA: higher priced homes
- Vail, WA: higher priced homes
- Effie, MN: less expensive homes
- Glenwood, WA: higher priced homes
- Azen, MO: higher priced homes
- East Arlington, VT: higher priced homes
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