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These days, finding an affordable place to live in the Columbus area can be challenging. Home prices in Columbus are now at a median cost of $467,338, higher than the Minnesota average of $345,793.
The average cost of rent is $1,521/mo in Columbus, primarily driven by the current value of real estate in the Columbus area. In Columbus, 10.77% of households rent, and 35.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Columbus is $10,062 per month. Households that rent pay about 15.12% of their income on rent here. Columbus’s most expensive areas are in the western 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
- Forest Lake, MN: less expensive homes
- Wyoming, MN: less expensive homes
- Ham Lake, MN: equally priced homes
- Centerville, MN: less expensive homes
- Lino Lakes, MN: less expensive homes
- East Bethel, MN: less expensive homes
- Hugo, MN: equally priced homes
- Stacy, MN: less expensive homes
- Circle Pines, MN: less expensive homes
- Blaine, MN: less expensive homes
Cities with Similar Populations
- Berwyn Heights, MD: equally priced homes
- Thomasville, PA: less expensive homes
- Belleair, FL: higher priced homes
- West Middlesex, PA: less expensive homes
- Tully, NY: less expensive homes
- Langley, WA: higher priced homes
- Galena, KS: less expensive homes
- Ava, MO: less expensive homes
- Vergennes, VT: less expensive homes
- Charlotte, TN: less expensive homes
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