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These days, finding an affordable place to live in the Corning area can be challenging. Home prices in Corning are now at a median cost of $245,863, lower than the Minnesota average of $345,793.
The average cost of rent is $964/mo in Corning, primarily driven by the current value of real estate in the Corning area. In Corning, 5.32% of households rent, and 51.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Corning is $7,565 per month. Households that rent pay about 12.75% of their income on rent here. Corning’s most expensive areas are in the eastern 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
- Lansing, MN: higher priced homes
- Maple Island, MN: less expensive homes
- Moscow, MN: less expensive homes
- Mayville, MN: higher priced homes
- Blooming Prairie, MN: less expensive homes
- Mapleview, MN: less expensive homes
- Hollandale, MN: less expensive homes
- Austin, MN: less expensive homes
- Waltham, MN: higher priced homes
- Brownsdale, MN: less expensive homes
Cities with Similar Populations
- Tabernacle, NJ: higher priced homes
- Florence, AR: less expensive homes
- Garlandville, MS: less expensive homes
- Garrison, MO: less expensive homes
- St. Bernard, NE: higher priced homes
- St. Xavier, MT: less expensive homes
- Stannard, VT: less expensive homes
- Starkville, NY: less expensive homes
- Steptoe, WA: equally priced homes
- Stony Point, TN: less expensive homes
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