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These days, finding an affordable place to live in the Cloquet area can be challenging. Home prices in Cloquet are now at a median cost of $232,530, lower than the Minnesota average of $345,793.
The average cost of rent is $1,065/mo in Cloquet, primarily driven by the current value of real estate in the Cloquet area. In Cloquet, 30.48% of households rent, and 33.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cloquet is $5,394 per month. Households that rent pay about 19.74% of their income on rent here. Cloquet’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Scanlon, MN: equally priced homes
- Iverson, MN: equally priced homes
- Esko, MN: higher priced homes
- Thomson, MN: higher priced homes
- Carlton, MN: higher priced homes
- Blackhoof, MN: higher priced homes
- Wrenshall, MN: equally priced homes
- Sawyer, MN: equally priced homes
- Saginaw, MN: higher priced homes
- Proctor, MN: equally priced homes
Cities with Similar Populations
- Channahon, IL: higher priced homes
- Cocoa Beach, FL: higher priced homes
- Upper Marlboro, MD: higher priced homes
- Urbana, OH: less expensive homes
- Ridge, NY: higher priced homes
- Van Wert, OH: less expensive homes
- Clarksdale, MS: less expensive homes
- China Grove, NC: equally priced homes
- Chicago Ridge, IL: equally priced homes
- Vernon, NJ: higher priced homes
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