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These days, finding an affordable place to live in the Carlton area can be challenging. Home prices in Carlton are now at a median cost of $296,375, lower than the Minnesota average of $345,793.
The average cost of rent is $1,133/mo in Carlton, primarily driven by the current value of real estate in the Carlton area. In Carlton, 10.14% of households rent, and 37.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carlton is $8,229 per month. Households that rent pay about 13.77% of their income on rent here. Carlton’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Blackhoof, MN: higher priced homes
- Thomson, MN: equally priced homes
- Wrenshall, MN: less expensive homes
- Iverson, MN: less expensive homes
- Scanlon, MN: less expensive homes
- Cloquet, MN: less expensive homes
- Esko, MN: higher priced homes
- Mahtowa, MN: less expensive homes
- Sawyer, MN: less expensive homes
- Barnum, MN: less expensive homes
Cities with Similar Populations
- Willis, VA: less expensive homes
- Searsport, ME: less expensive homes
- Hallstead, PA: less expensive homes
- Green Springs, OH: less expensive homes
- Gold River, CA: higher priced homes
- Georgiana, AL: less expensive homes
- Watermill, NY: higher priced homes
- Fort Ashby, WV: less expensive homes
- Watkins, MN: equally priced homes
- Danville, WV: less expensive homes
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