The Most Affordable Neighborhoods in Clarks Grove, MN by Home Value

 

Clarks Grove, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Clarks Grove area can be challenging. Home prices in Clarks Grove are now at a median cost of $166,975, lower than the Minnesota average of $269,934.

The average cost of rent is $777/mo in Clarks Grove, primarily driven by the current value of real estate in the Clarks Grove area. While nearly 44.98% of residents own their homes outright in Clarks Grove, 11.32% rent.

Housing affordability isn’t just about home prices, though. The average household income in Clarks Grove is $6,690 per month. Households that rent pay about 11.61% of their income on rent here. Clarks Grove's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.


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