Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Brainerd area can be challenging. Home prices in Brainerd are now at a median cost of $190,547, lower than the Minnesota average of $269,934.
The average cost of rent is $937/mo in Brainerd, primarily driven by the current value of real estate in the Brainerd area. While nearly 36.59% of residents own their homes outright in Brainerd, 25.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Brainerd is $5,499 per month. Households that rent pay about 17.05% of their income on rent here. Brainerd's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Baxter, MN: equally priced homes
- Riverton, MN: equally priced homes
- Lake Hubert, MN: higher priced homes
- Crow Wing, MN: higher priced homes
- East Gull Lake, MN: higher priced homes
- Sylvan, MN: higher priced homes
- Nisswa, MN: higher priced homes
- Fort Ripley, MN: higher priced homes
- Merrifield, MN: higher priced homes
- Ironton, MN: less expensive homes
Cities with Similar Populations
- Glassboro, NJ: higher priced homes
- Princeton, TX: higher priced homes
- Ponte Vedra, FL: higher priced homes
- Piqua, OH: less expensive homes
- Parlin, NJ: higher priced homes
- Palomas, PR: less expensive homes
- Palestine, TX: less expensive homes
- Owosso, MI: less expensive homes
- Onalaska, WI: higher priced homes
- Oakland, CT: equally priced homes
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