
Affordable
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These days, finding an affordable place to live in the Barrett area can be challenging. Home prices in Barrett are now at a median cost of $235,093, lower than the Minnesota average of $345,793.
The average cost of rent is $1,244/mo in Barrett, primarily driven by the current value of real estate in the Barrett area. In Barrett, 15.37% of households rent, and 48.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Barrett is $6,333 per month. Households that rent pay about 19.63% of their income on rent here. Barrett’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Erdahl, MN: equally priced homes
- Hoffman, MN: less expensive homes
- Elbow Lake, MN: less expensive homes
- Kensington, MN: higher priced homes
- Evansville, MN: less expensive homes
- Herman, MN: less expensive homes
- Ashby, MN: higher priced homes
- Brandon, MN: higher priced homes
- Wendell, MN: equally priced homes
- Donnelly, MN: equally priced homes
Cities with Similar Populations
- Enville, TN: less expensive homes
- Meta, KY: less expensive homes
- Greenland, OH: less expensive homes
- Miami, TX: less expensive homes
- Goodwill, LA: less expensive homes
- Milfay, OK: less expensive homes
- Glen Daniel, WV: less expensive homes
- Gillisonville, SC: less expensive homes
- Mount Cory, OH: less expensive homes
- Gillett, FL: higher priced homes
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