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Affordable
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These days, finding an affordable place to live in the Bena area can be challenging. Home prices in Bena are now at a median cost of $170,700, lower than the Minnesota average of $345,793.
The average cost of rent is $839/mo in Bena, primarily driven by the current value of real estate in the Bena area. In Bena, 27.11% of households rent, and 56.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bena is $4,050 per month. Households that rent pay about 20.71% of their income on rent here. Bena’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Schley, MN: equally priced homes
- Federal Dam, MN: higher priced homes
- Ball Club, MN: higher priced homes
- Boy River, MN: higher priced homes
- Inger, MN: higher priced homes
- Pennington, MN: higher priced homes
- Cass Lake, MN: equally priced homes
- Deer River, MN: higher priced homes
- Squaw Lake, MN: higher priced homes
- Zemple, MN: higher priced homes
Cities with Similar Populations
- Hiteman, IA: equally priced homes
- Guildhall, VT: higher priced homes
- Bald Head Island, NC: higher priced homes
- Hailey, MO: equally priced homes
- Bangall, NY: higher priced homes
- Barnett Crossroads, AL: less expensive homes
- Leonia, FL: less expensive homes
- West Florence, OH: higher priced homes
- Lecontes Mills, PA: less expensive homes
- Harris, OK: less expensive homes
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