Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Balfour area can be challenging. Home prices in Balfour are now at a median cost of $94,021, lower than the North Dakota average of $223,566.
The average cost of rent is $651/mo in Balfour, primarily driven by the current value of real estate in the Balfour area. While nearly 64.48% of residents own their homes outright in Balfour, 8.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Balfour is $5,406 per month. Households that rent pay about 12.04% of their income on rent here. Balfour's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Drake, ND: equally priced homes
- Guthrie, ND: equally priced homes
- Kief, ND: higher priced homes
- Karlsruhe, ND: higher priced homes
- Voltaire, ND: higher priced homes
- Anamoose, ND: equally priced homes
- Butte, ND: higher priced homes
- Kongsberg, ND: higher priced homes
- Aylmer, ND: equally priced homes
- Orrin, ND: equally priced homes
Cities with Similar Populations
- Lac La Belle, MI: higher priced homes
- Laughlin Air Force Base, TX: higher priced homes
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- Pahrump, CA: higher priced homes
- Dortha, KY: less expensive homes
- Dowdy, AR: higher priced homes
- Sun City, KS: less expensive homes
- Dry Valley, NV: higher priced homes
- Dunlap, TX: equally priced homes
- Eagle Village, AK: less expensive homes
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