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Affordable
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These days, finding an affordable place to live in the Barnum area can be challenging. Home prices in Barnum are now at a median cost of $267,677, lower than the Minnesota average of $345,793.
The average cost of rent is $1,027/mo in Barnum, primarily driven by the current value of real estate in the Barnum area. In Barnum, 15.78% of households rent, and 43.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Barnum is $7,310 per month. Households that rent pay about 14.05% of their income on rent here. Barnum’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mahtowa, MN: equally priced homes
- Moose Lake, MN: less expensive homes
- Blackhoof, MN: higher priced homes
- Duquette, MN: less expensive homes
- Holyoke, MN: equally priced homes
- Carlton, MN: higher priced homes
- Sawyer, MN: less expensive homes
- Iverson, MN: less expensive homes
- Sturgeon Lake, MN: equally priced homes
- Kerrick, MN: less expensive homes
Cities with Similar Populations
- Albany, TX: less expensive homes
- Toadvine, AL: less expensive homes
- Coffeeville, MS: less expensive homes
- Sattler, TX: higher priced homes
- Fairbank, IA: less expensive homes
- Florien, LA: less expensive homes
- Cowan, TN: less expensive homes
- Van Buren, ME: less expensive homes
- Beech Creek, PA: less expensive homes
- Glenville, WV: less expensive homes
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