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These days, finding an affordable place to live in the Canby area can be challenging. Home prices in Canby are now at a median cost of $157,874, lower than the Minnesota average of $345,793.
The average cost of rent is $665/mo in Canby, primarily driven by the current value of real estate in the Canby area. In Canby, 17.66% of households rent, and 62.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canby is $5,631 per month. Households that rent pay about 11.81% of their income on rent here. Canby’s most expensive areas are in the northern 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
- Porter, MN: higher priced homes
- Gary, SD: higher priced homes
- St. Leo, MN: higher priced homes
- Wilno, MN: equally priced homes
- Taunton, MN: equally priced homes
- Astoria, SD: higher priced homes
- Hendricks, MN: higher priced homes
- Brandt, SD: higher priced homes
- Dawson, MN: higher priced homes
- Ivanhoe, MN: less expensive homes
Cities with Similar Populations
- Parkersburg, IA: higher priced homes
- Cherryvale, KS: less expensive homes
- Volant, PA: higher priced homes
- Thoreau, NM: less expensive homes
- Tenaha, TX: less expensive homes
- South Royalton, VT: higher priced homes
- Smithdale, MS: less expensive homes
- Salineville, OH: less expensive homes
- Red Lake, MN: less expensive homes
- Pineville, MO: higher priced homes
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