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These days, finding an affordable place to live in the Browns Valley area can be challenging. Home prices in Browns Valley are now at a median cost of $94,646, lower than the Minnesota average of $345,793.
The average cost of rent is $630/mo in Browns Valley, primarily driven by the current value of real estate in the Browns Valley area. In Browns Valley, 22.97% of households rent, and 44.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Browns Valley is $4,920 per month. Households that rent pay about 12.81% of their income on rent here. Browns Valley’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Beardsley, MN: higher priced homes
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Cities with Similar Populations
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