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These days, finding an affordable place to live in the Atwater area can be challenging. Home prices in Atwater are now at a median cost of $219,601, lower than the Minnesota average of $345,793.
The average cost of rent is $860/mo in Atwater, primarily driven by the current value of real estate in the Atwater area. In Atwater, 17.25% of households rent, and 39.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Atwater is $6,459 per month. Households that rent pay about 13.32% of their income on rent here. Atwater’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Grove City, MN: equally priced homes
- Kandiyohi, MN: higher priced homes
- Manannah, MN: higher priced homes
- Spicer, MN: higher priced homes
- Strout, MN: higher priced homes
- Willmar, MN: equally priced homes
- Lake Lillian, MN: higher priced homes
- Hawick, MN: higher priced homes
- Litchfield, MN: equally priced homes
- Svea, MN: less expensive homes
Cities with Similar Populations
- Bethel, VT: higher priced homes
- Wrangell, AK: higher priced homes
- Merryville, LA: less expensive homes
- Chualar, CA: higher priced homes
- Collinwood, TN: less expensive homes
- Hamburg, OH: higher priced homes
- Iuka, IL: less expensive homes
- Hoyt, KS: equally priced homes
- Huntington, MA: higher priced homes
- Hustisford, WI: higher priced homes
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