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These days, finding an affordable place to live in the Claremont area can be challenging. Home prices in Claremont are now at a median cost of $263,068, lower than the Minnesota average of $345,793.
The average cost of rent is $1,279/mo in Claremont, primarily driven by the current value of real estate in the Claremont area. In Claremont, 10.81% of households rent, and 38.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Claremont is $7,313 per month. Households that rent pay about 17.49% of their income on rent here. Claremont’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eden, MN: higher priced homes
- Havana, MN: higher priced homes
- Dodge Center, MN: less expensive homes
- Pratt, MN: higher priced homes
- Wasioja, MN: higher priced homes
- West Concord, MN: equally priced homes
- Merton, MN: higher priced homes
- Litomysl, MN: higher priced homes
- Concord, MN: higher priced homes
- Owatonna, MN: equally priced homes
Cities with Similar Populations
- Rutledge, AL: less expensive homes
- Cartersville, VA: equally priced homes
- Center Sandwich, NH: higher priced homes
- Wann, OK: less expensive homes
- Coffeen, IL: less expensive homes
- Cool Spring, SC: less expensive homes
- Deadhorse, AK: less expensive homes
- Deer Creek, MN: less expensive homes
- Deer Park, CA: higher priced homes
- Dietrich, ID: equally priced homes
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