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These days, finding an affordable place to live in the Austin Acres area can be challenging. Home prices in Austin Acres are now at a median cost of $220,964, lower than the Minnesota average of $345,793.
The average cost of rent is $979/mo in Austin Acres, primarily driven by the current value of real estate in the Austin Acres area. In Austin Acres, 15.05% of households rent, and 40.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Austin Acres is $7,021 per month. Households that rent pay about 13.94% of their income on rent here. Austin Acres’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Austin, MN: less expensive homes
- Mapleview, MN: equally priced homes
- Nicolville, MN: less expensive homes
- Moscow, MN: equally priced homes
- Rose Creek, MN: equally priced homes
- Lansing, MN: higher priced homes
- London, MN: equally priced homes
- Lyle, MN: less expensive homes
- Brownsdale, MN: less expensive homes
- Corning, MN: higher priced homes
Cities with Similar Populations
- Goshen, VA: higher priced homes
- St. James, LA: less expensive homes
- Bradenton Beach, FL: higher priced homes
- South Monterey, MI: equally priced homes
- Brownlow, WV: less expensive homes
- South Bloomingville, OH: equally priced homes
- Smith Lake, NM: less expensive homes
- Sleepy Creek, WV: equally priced homes
- Grand Isle, LA: higher priced homes
- Harrington, GA: higher priced homes
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