Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Borup area can be challenging. Home prices in Borup are now at a median cost of $112,881, lower than the Minnesota average of $269,934.
The average cost of rent is $548/mo in Borup, primarily driven by the current value of real estate in the Borup area. While nearly 50.57% of residents own their homes outright in Borup, 15.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Borup is $5,306 per month. Households that rent pay about 10.33% of their income on rent here. Borup's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Ada, MN: equally priced homes
- Felton, MN: higher priced homes
- Heiberg, MN: equally priced homes
- Syre, MN: higher priced homes
- Twin Valley, MN: equally priced homes
- Perley, MN: equally priced homes
- Ulen, MN: higher priced homes
- Fossum, MN: less expensive homes
- Georgetown, MN: higher priced homes
- Hendrum, MN: less expensive homes
Cities with Similar Populations
- Otto, IL: higher priced homes
- St. Croix, IN: less expensive homes
- Springbrook, IA: higher priced homes
- Elgin, TN: less expensive homes
- Elk Creek, MO: equally priced homes
- Spring Creek Colony, SD: less expensive homes
- Ellis Mills, TN: higher priced homes
- Sprague, MO: less expensive homes
- Elmira, WV: less expensive homes
- Empire, OH: equally priced homes
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