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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 $214,957, lower than the Minnesota average of $345,793.
The average cost of rent is $865/mo in Clarks Grove, primarily driven by the current value of real estate in the Clarks Grove area. In Clarks Grove, 14.97% of households rent, and 40.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Clarks Grove is $7,265 per month. Households that rent pay about 11.91% of their income on rent here. Clarks Grove’s most expensive areas are in the southwestern 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
- Bancroft, MN: equally priced homes
- Geneva, MN: equally priced homes
- Hollandale, MN: equally priced homes
- Manchester, MN: equally priced homes
- Oakland, MN: less expensive homes
- Albert Lea, MN: less expensive homes
- Hartland, MN: equally priced homes
- Ellendale, MN: equally priced homes
- Hayward, MN: less expensive homes
- Maple Island, MN: equally priced homes
Cities with Similar Populations
- Amargosa Valley, NV: less expensive homes
- Zorn, TX: higher priced homes
- Yatesville, GA: less expensive homes
- Williamsburg, NC: less expensive homes
- Whitehouse Forks, AL: higher priced homes
- Warsaw, SC: less expensive homes
- Bude, MS: less expensive homes
- Boston, KY: equally priced homes
- Bodega Bay, CA: higher priced homes
- Alexis, IL: less expensive homes
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