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Affordable
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These days, finding an affordable place to live in the Biwabik area can be challenging. Home prices in Biwabik are now at a median cost of $118,992, lower than the Minnesota average of $345,793.
The average cost of rent is $798/mo in Biwabik, primarily driven by the current value of real estate in the Biwabik area. In Biwabik, 13.62% of households rent, and 62.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Biwabik is $5,896 per month. Households that rent pay about 13.54% of their income on rent here. Biwabik’s most expensive areas are in the southeastern 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
- Pineville, MN: higher priced homes
- McKinley, MN: equally priced homes
- Aurora, MN: higher priced homes
- Gilbert, MN: higher priced homes
- Colby, MN: higher priced homes
- Virginia, MN: higher priced homes
- Palo, MN: higher priced homes
- Hoyt Lakes, MN: less expensive homes
- Embarrass, MN: higher priced homes
- Genoa, MN: higher priced homes
Cities with Similar Populations
- Dow City, IA: higher priced homes
- Silverdale, PA: higher priced homes
- Sleepy Creek, WV: higher priced homes
- Sorento, IL: less expensive homes
- Edwardsport, IN: less expensive homes
- South Bloomingville, OH: higher priced homes
- Easton, KS: higher priced homes
- Springdale, MS: higher priced homes
- Downing, MO: higher priced homes
- Side Lake, MN: higher priced homes
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