Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Armatage area can be challenging. Home prices in Armatage are now at a median cost of $373,902, higher than the Minneapolis average of $316,867.
The average cost of rent is $1,461/mo in Armatage, primarily driven by the current value of real estate in the Armatage area. While nearly 18.15% of residents own their homes outright in Armatage, 17.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Armatage is $10,693 per month. Households that rent pay about 13.67% of their income on rent here. Armatage's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the neighborhood.
Nearby Neighborhoods
- Kenny, Minneapolis, MN: equally priced homes
- Fulton, Minneapolis, MN: higher priced homes
- Southdale, Edina, MN: less expensive homes
- Lynnhurst, Minneapolis, MN: higher priced homes
- Windom, Minneapolis, MN: less expensive homes
- Fuller Tangletown, Minneapolis, MN: higher priced homes
- Linden Hills, Minneapolis, MN: higher priced homes
- East Harriet, Minneapolis, MN: higher priced homes
- Diamond Lake, Minneapolis, MN: equally priced homes
- Kingfield, Minneapolis, MN: less expensive homes
Neighborhoods with Similar Populations
- Fort Phantom Area, Abilene, TX: less expensive homes
- Downtown Salinas, Salinas, CA: higher priced homes
- Sunnyside-Flagstaff, Flagstaff, AZ: less expensive homes
- Woburn Street Historic District, Reading, MA: higher priced homes
- Surrey Lane, Bergenfield, NJ: higher priced homes
- Traditions, Aurora, CO: higher priced homes
- First Ward, Binghamton, NY: less expensive homes
- Paloma Lake, Round Rock, TX: equally priced homes
- Torringford, Torrington, CT: less expensive homes
- Craig Ranch North, McKinney, TX: equally priced homes
All Local Stats
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