The Most Affordable Neighborhoods in Boy River, MN by Home Value

 

Boy River, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Boy River area can be challenging. Home prices in Boy River are now at a median cost of $190,721, lower than the Minnesota average of $269,934.

The average cost of rent is $1,075/mo in Boy River, primarily driven by the current value of real estate in the Boy River area. While nearly 58.54% of residents own their homes outright in Boy River, 10.65% rent.

Housing affordability isn’t just about home prices, though. The average household income in Boy River is $4,477 per month. Households that rent pay about 24.01% of their income on rent here. Boy River's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.


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