Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Cotton area can be challenging. Home prices in Cotton are now at a median cost of $234,930, lower than the Minnesota average of $345,793.
The average cost of rent is $977/mo in Cotton, primarily driven by the current value of real estate in the Cotton area. In Cotton, 2.90% of households rent, and 49.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cotton is $7,553 per month. Households that rent pay about 12.93% of their income on rent here. Cotton’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Melrude, MN: less expensive homes
- Payne, MN: equally priced homes
- Canyon, MN: higher priced homes
- Zim, MN: less expensive homes
- Makinen, MN: equally priced homes
- Shaw, MN: higher priced homes
- Forbes, MN: less expensive homes
- Alborn, MN: higher priced homes
- Prosit, MN: equally priced homes
- Markham, MN: equally priced homes
Cities with Similar Populations
- Harmon, TN: less expensive homes
- Henderson, AL: less expensive homes
- Heceta Junction, OR: higher priced homes
- Haywood, AL: higher priced homes
- Topaz, CA: higher priced homes
- Hayesville, IA: less expensive homes
- Hawleys, NY: less expensive homes
- Hawkins, KY: less expensive homes
- Topeka, MS: less expensive homes
- Harmonsburg, PA: less expensive homes
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