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Affordable
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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 $480,531, higher than the Minnesota average of $345,793.
The average cost of rent is $1,149/mo in Coates, primarily driven by the current value of real estate in the Coates area. In Coates, 15.71% of households rent, and 36.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Coates is $11,401 per month. Households that rent pay about 10.08% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Vermillion, MN: less expensive homes
- Rosemount, MN: less expensive homes
- Nininger, MN: equally priced homes
- Hampton, MN: less expensive homes
- Farmington, MN: less expensive homes
- St. Paul Park, MN: less expensive homes
- Hastings, MN: less expensive homes
- Inver Grove Heights, MN: equally priced homes
- Cottage Grove, MN: less expensive homes
- Apple Valley, MN: less expensive homes
Cities with Similar Populations
- Red Beach, ME: less expensive homes
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- Portland Mills, PA: less expensive homes
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- Waterloo, AR: less expensive homes
- Quincy, MS: less expensive homes
- Quitman, MO: less expensive homes
- Ramona, KS: less expensive homes
- Gardiner, IA: less expensive homes
- Randlett, UT: less expensive homes
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