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These days, finding an affordable place to live in the Callaway area can be challenging. Home prices in Callaway are now at a median cost of $197,906, lower than the Minnesota average of $345,793.
The average cost of rent is $880/mo in Callaway, primarily driven by the current value of real estate in the Callaway area. In Callaway, 15.67% of households rent, and 52.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Callaway is $6,169 per month. Households that rent pay about 14.27% of their income on rent here. Callaway’s most expensive areas are in the southeastern 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
- Westbury, MN: higher priced homes
- Richwood, MN: higher priced homes
- Audubon, MN: higher priced homes
- Detroit Lakes, MN: higher priced homes
- Rochert, MN: higher priced homes
- Lake Park, MN: higher priced homes
- Shoreham, MN: higher priced homes
- White Earth, MN: equally priced homes
- Sioux Valley, MN: higher priced homes
- Ogema, MN: equally priced homes
Cities with Similar Populations
- Mashulaville, MS: less expensive homes
- Newville, IN: less expensive homes
- New Woodville, OK: equally priced homes
- New Hampton, MO: less expensive homes
- New Georgia, AL: less expensive homes
- Nebo, IL: less expensive homes
- Midlothian, MD: higher priced homes
- Meriden, IA: less expensive homes
- McGrath, MN: higher priced homes
- McCallsburg, IA: higher priced homes
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