Home Price Key
Affordable
Average
Expensive
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 $187,731, lower than the Minnesota average of $269,934.
The average cost of rent is $838/mo in Cotton, primarily driven by the current value of real estate in the Cotton area. While nearly 47.47% of residents own their homes outright in Cotton, 3.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cotton is $5,489 per month. Households that rent pay about 15.26% of their income on rent here. Cotton's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Melrude, MN: less expensive homes
- Payne, MN: equally priced homes
- Canyon, MN: higher priced homes
- Zim, MN: less expensive homes
- Makinen, MN: less expensive homes
- Shaw, MN: higher priced homes
- Forbes, MN: less expensive homes
- Alborn, MN: higher priced homes
- Prosit, MN: higher priced homes
- Markham, MN: less expensive homes
Cities with Similar Populations
- Harmon, TN: less expensive homes
- Henderson, AL: less expensive homes
- Heceta Junction, OR: higher priced homes
- Haywood, AL: less expensive 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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