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These days, finding an affordable place to live in the Blakeley area can be challenging. Home prices in Blakeley are now at a median cost of $429,482, higher than the Minnesota average of $345,793.
The average cost of rent is $1,720/mo in Blakeley, primarily driven by the current value of real estate in the Blakeley area. In Blakeley, 6.79% of households rent, and 37.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Blakeley is $9,406 per month. Households that rent pay about 18.29% of their income on rent here. Blakeley’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Belle Plaine, MN: less expensive homes
- Jessenland, MN: less expensive homes
- Gotha, MN: higher priced homes
- Henderson, MN: less expensive homes
- Green Isle, MN: less expensive homes
- St. Thomas, MN: less expensive homes
- Union Hill, MN: higher priced homes
- Hamburg, MN: less expensive homes
- East Union, MN: higher priced homes
- Le Sueur, MN: less expensive homes
Cities with Similar Populations
- Pin Hook, NC: less expensive homes
- Cutting, NY: less expensive homes
- Daniel, WY: higher priced homes
- DeGraff, MN: less expensive homes
- Democrat, TX: less expensive homes
- Dennys Mill, PA: less expensive homes
- Orion, OK: less expensive homes
- Packwood, IA: less expensive homes
- Phalanx, OH: less expensive homes
- Pierce, ID: less expensive homes
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