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These days, finding an affordable place to live in the Burnett area can be challenging. Home prices in Burnett are now at a median cost of $286,662, lower than the Minnesota average of $345,793.
The average cost of rent is $1,075/mo in Burnett, primarily driven by the current value of real estate in the Burnett area. In Burnett, 13.04% of households rent, and 42.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Burnett is $7,433 per month. Households that rent pay about 14.46% of their income on rent here. Burnett’s most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Culver, MN: equally priced homes
- Saginaw, MN: equally priced homes
- Alborn, MN: less expensive homes
- Prosit, MN: less expensive homes
- Harnell Park, MN: equally priced homes
- Brookston, MN: less expensive homes
- Canyon, MN: equally priced homes
- Four Corners, MN: higher priced homes
- Payne, MN: less expensive homes
- Shaw, MN: higher priced homes
Cities with Similar Populations
- Fairy, TX: less expensive homes
- Pearl, IL: less expensive homes
- Pilot Knob, TN: less expensive homes
- Piney Grove, AL: less expensive homes
- Fines Creek, NC: higher priced homes
- Filson, IL: less expensive homes
- Faywood, NM: less expensive homes
- Upton, UT: higher priced homes
- Falun, KS: less expensive homes
- Vandetta, KY: less expensive homes
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