Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Big Falls area can be challenging. Home prices in Big Falls are now at a median cost of $89,652, lower than the Minnesota average of $269,934.
The average cost of rent is $519/mo in Big Falls, primarily driven by the current value of real estate in the Big Falls area. While nearly 60.54% of residents own their homes outright in Big Falls, 11.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Big Falls is $4,461 per month. Households that rent pay about 11.63% of their income on rent here. Big Falls's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Grand Falls, MN: equally priced homes
- Littlefork, MN: higher priced homes
- Gemmell, MN: equally priced homes
- Loman, MN: higher priced homes
- Wildwood, MN: higher priced homes
- Pelland, MN: higher priced homes
- Mizpah, MN: equally priced homes
- Effie, MN: higher priced homes
- Manitou, MN: higher priced homes
- Ericsburg, MN: higher priced homes
Cities with Similar Populations
- Fly, OH: higher priced homes
- Fostoria, KS: higher priced homes
- Reidsburg, PA: higher priced homes
- Cherokee Bluffs, AL: higher priced homes
- Foster Creek, NC: higher priced homes
- Mission Ridge, SD: higher priced homes
- Chiltonville, MA: higher priced homes
- Cholame, CA: higher priced homes
- Cibola, AZ: equally priced homes
- Wamsutter, WY: less expensive homes
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