Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cedar Mills area can be challenging. Home prices in Cedar Mills are now at a median cost of $222,000, lower than the Minnesota average of $269,934.
The average cost of rent is $1,125/mo in Cedar Mills, primarily driven by the current value of real estate in the Cedar Mills area. While nearly 47.91% of residents own their homes outright in Cedar Mills, 7.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Mills is $6,736 per month. Households that rent pay about 16.70% of their income on rent here. Cedar Mills's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Greenleaf, MN: higher priced homes
- Lakeside, MN: equally priced homes
- Hutchinson, MN: less expensive homes
- Strout, MN: equally priced homes
- Cosmos, MN: less expensive homes
- Jennie, MN: higher priced homes
- Komensky, MN: higher priced homes
- Darwin, MN: higher priced homes
- Lamson, MN: higher priced homes
- Litchfield, MN: less expensive homes
Cities with Similar Populations
- Tensas Bluff, LA: less expensive homes
- Verona, NE: less expensive homes
- Vernon, KS: less expensive homes
- Verhalen, TX: less expensive homes
- Ventero, NM: less expensive homes
- Vaughn, VA: less expensive homes
- Valhalla, NC: less expensive homes
- Upper Dilia, NM: less expensive homes
- Unity, SC: less expensive homes
- Thomas Hill, MO: less expensive homes
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