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Affordable
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These days, finding an affordable place to live in the Cathay area can be challenging. Home prices in Cathay are now at a median cost of $176,380, lower than the North Dakota average of $273,535.
The average cost of rent is $643/mo in Cathay, primarily driven by the current value of real estate in the Cathay area. In Cathay, 7.84% of households rent, and 75.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cathay is $6,977 per month. Households that rent pay about 9.22% of their income on rent here. Cathay’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Cottonwood, ND: less expensive homes
- Fessenden, ND: less expensive homes
- Heaton, ND: less expensive homes
- Bremen, ND: less expensive homes
- Munster, ND: less expensive homes
- Hamberg, ND: less expensive homes
- Sykeston, ND: less expensive homes
- Dover, ND: higher priced homes
- New Rockford, ND: less expensive homes
- Heimdal, ND: higher priced homes
Cities with Similar Populations
- Alpine Junction, WY: higher priced homes
- Y City, AR: equally priced homes
- Childwold, NY: equally priced homes
- Arnold, MI: less expensive homes
- Cowdrey, CO: higher priced homes
- Arbon, ID: higher priced homes
- Sussex, WY: higher priced homes
- Yellow House, PA: higher priced homes
- Yolyn, WV: less expensive homes
- Alton, UT: higher priced homes
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