Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Clara City area can be challenging. Home prices in Clara City are now at a median cost of $143,234, lower than the Minnesota average of $269,934.
The average cost of rent is $1,020/mo in Clara City, primarily driven by the current value of real estate in the Clara City area. While nearly 47.77% of residents own their homes outright in Clara City, 24.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Clara City is $5,215 per month. Households that rent pay about 19.55% of their income on rent here. Clara City's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Gluek, MN: higher priced homes
- Maynard, MN: higher priced homes
- Raymond, MN: higher priced homes
- Prinsburg, MN: higher priced homes
- Sacred Heart, MN: less expensive homes
- Roseland, MN: equally priced homes
- Renville, MN: less expensive homes
- Granite Falls, MN: equally priced homes
- Wegdahl, MN: higher priced homes
- Blomkest, MN: equally priced homes
Cities with Similar Populations
- Woodsboro, TX: less expensive homes
- White Oak, NC: less expensive homes
- Boyne Falls, MI: higher priced homes
- Charlotte Court House, VA: higher priced homes
- Ty Ty, GA: equally priced homes
- Sharon, WI: higher priced homes
- La Plata, MO: less expensive homes
- Shanks, WV: equally priced homes
- Rye, CO: higher priced homes
- Reynolds, GA: less expensive homes
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