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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 $186,877, lower than the Minnesota average of $345,793.
The average cost of rent is $1,032/mo in Clara City, primarily driven by the current value of real estate in the Clara City area. In Clara City, 27.41% of households rent, and 39.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Clara City is $6,088 per month. Households that rent pay about 16.94% of their income on rent here. Clara City’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gluek, MN: higher priced homes
- Maynard, MN: equally 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: less expensive 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: equally priced homes
- Ty Ty, GA: less expensive 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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