The Most Affordable Neighborhoods in Braham, MN by Home Value

 

Braham, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Braham area can be challenging. Home prices in Braham are now at a median cost of $187,195, lower than the Minnesota average of $269,934.

The average cost of rent is $1,050/mo in Braham, primarily driven by the current value of real estate in the Braham area. While nearly 34.29% of residents own their homes outright in Braham, 20.58% rent.

Housing affordability isn’t just about home prices, though. The average household income in Braham is $5,073 per month. Households that rent pay about 20.69% of their income on rent here. Braham's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.


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