The Most Affordable Neighborhoods in Blue Earth, MN by Home Value

These days, finding an affordable place to live in the Blue Earth area can be challenging. Home prices in Blue Earth are now at a median cost of $152,880, lower than the Minnesota average of $345,793.

The average cost of rent is $919/mo in Blue Earth, primarily driven by the current value of real estate in the Blue Earth area. In Blue Earth, 27.06% of households rent, and 49.26% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Blue Earth is $6,090 per month. Households that rent pay about 15.09% of their income on rent here. Blue Earth’s most expensive areas are in the southwestern 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.

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