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These days, finding an affordable place to live in the Corcoran area can be challenging. Home prices in Corcoran are now at a median cost of $572,053, higher than the Minnesota average of $345,793.
The average cost of rent is $1,516/mo in Corcoran, primarily driven by the current value of real estate in the Corcoran area. In Corcoran, 4.95% of households rent, and 26.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Corcoran is $12,102 per month. Households that rent pay about 12.53% of their income on rent here. Corcoran’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Medina, MN: higher priced homes
- Loretto, MN: less expensive homes
- Maple Grove, MN: less expensive homes
- Rogers, MN: less expensive homes
- Hanover, MN: less expensive homes
- Osseo, MN: less expensive homes
- Greenfield, MN: less expensive homes
- Plymouth, MN: less expensive homes
- Dayton, MN: less expensive homes
- St. Michael, MN: less expensive homes
Cities with Similar Populations
- Sophia, NC: less expensive homes
- Spring Grove, IL: less expensive homes
- Wittmann, AZ: less expensive homes
- New Windsor, MD: less expensive homes
- Nolanville, TX: less expensive homes
- Nicholson, GA: less expensive homes
- Nicholls, GA: less expensive homes
- Newport, PA: less expensive homes
- Newport, NH: less expensive homes
- Newmanstown, PA: less expensive homes
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