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Affordable
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These days, finding an affordable place to live in the Dakota area can be challenging. Home prices in Dakota are now at a median cost of $316,390, lower than the Minnesota average of $345,793.
The average cost of rent is $912/mo in Dakota, primarily driven by the current value of real estate in the Dakota area. In Dakota, 6.77% of households rent, and 40.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dakota is $7,470 per month. Households that rent pay about 12.21% of their income on rent here. Dakota’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
- Nodine, MN: equally priced homes
- New Hartford, MN: equally priced homes
- Pickwick, MN: less expensive homes
- La Crescent, MN: equally priced homes
- Holmen, WI: equally priced homes
- Trempealeau, WI: less expensive homes
- Lamoille, MN: less expensive homes
- Onalaska, WI: equally priced homes
- New Amsterdam, WI: higher priced homes
- Ridgeway, MN: equally priced homes
Cities with Similar Populations
- Round Valley, CA: higher priced homes
- Holland, MN: less expensive homes
- Hooker, GA: less expensive homes
- Hoople, ND: less expensive homes
- Jalapa, SC: less expensive homes
- Jay City, IN: less expensive homes
- Johnsonville, IL: less expensive homes
- Joice, IA: less expensive homes
- Jollett, VA: less expensive homes
- Judge, MO: less expensive homes
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