Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bonanza Grove area can be challenging. Home prices in Bonanza Grove are now at a median cost of $169,975, lower than the Minnesota average of $269,934.
The average cost of rent is $684/mo in Bonanza Grove, primarily driven by the current value of real estate in the Bonanza Grove area. While nearly 59.22% of residents own their homes outright in Bonanza Grove, 14.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bonanza Grove is $6,547 per month. Households that rent pay about 10.44% of their income on rent here. Bonanza Grove's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Beardsley, MN: higher priced homes
- Barry, MN: equally priced homes
- Browns Valley, MN: less expensive homes
- Graceville, MN: less expensive homes
- Foster, MN: higher priced homes
- Dumont, MN: equally priced homes
- Rosholt, SD: less expensive homes
- Madsen Beach, SD: equally priced homes
- Wheaton, MN: less expensive homes
- Clinton, MN: less expensive homes
Cities with Similar Populations
- Montario Point, NY: less expensive homes
- Merrill, NY: less expensive homes
- Miami, NM: less expensive homes
- Middlefield, NY: higher priced homes
- Milford Colony, MT: equally priced homes
- Millersburg, IL: less expensive homes
- Millport, IN: equally priced homes
- Mina, NV: less expensive homes
- Missionary Acres, MO: less expensive homes
- Mohler, WA: equally priced homes
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