
Home Price Key
These days, finding an affordable place to live in the Coates area can be challenging. Home prices in Coates are now at a median cost of $405,895, higher than the Minnesota average of $269,934.
The average cost of rent is $1,143/mo in Coates, primarily driven by the current value of real estate in the Coates area. While nearly 27.95% of residents own their homes outright in Coates, 13.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Coates is $10,859 per month. Households that rent pay about 10.53% of their income on rent here. Coates's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
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