The Most Affordable Neighborhoods in Birchwood Village, MN by Home Value

 

Birchwood Village, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Birchwood Village area can be challenging. Home prices in Birchwood Village are now at a median cost of $373,228, higher than the Minnesota average of $269,934.

The average cost of rent is $1,758/mo in Birchwood Village, primarily driven by the current value of real estate in the Birchwood Village area. While nearly 33.98% of residents own their homes outright in Birchwood Village, 18.94% rent.

Housing affordability isn’t just about home prices, though. The average household income in Birchwood Village is $10,369 per month. Households that rent pay about 16.96% of their income on rent here. Birchwood Village's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.


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