
Home Price Key
These days, finding an affordable place to live in the Danvers area can be challenging. Home prices in Danvers are now at a median cost of $159,300, lower than the Minnesota average of $269,934.
The average cost of rent is $886/mo in Danvers, primarily driven by the current value of real estate in the Danvers area. While nearly 46.52% of residents own their homes outright in Danvers, 7.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Danvers is $7,552 per month. Households that rent pay about 11.73% of their income on rent here. Danvers's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Hagan, MN: less expensive homes
- Benson, MN: less expensive homes
- Clontarf, MN: equally priced homes
- Holloway, MN: less expensive homes
- Milan, MN: less expensive homes
- DeGraff, MN: equally priced homes
- Appleton, MN: less expensive homes
- Hancock, MN: less expensive homes
- Swift Falls, MN: higher priced homes
- Murdock, MN: equally priced homes
Cities with Similar Populations
- Randolph, IL: higher priced homes
- Mount Herman, TN: less expensive homes
- Mount Laurel, VA: less expensive homes
- Mount Meigs, AL: higher priced homes
- Mount Olympus, IN: less expensive homes
- Muir Beach, CA: higher priced homes
- Port Gamble, WA: higher priced homes
- Pulteney, NY: equally priced homes
- Quicksand, KY: less expensive homes
- Radiant, VA: higher priced homes
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