Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Deer River area can be challenging. Home prices in Deer River are now at a median cost of $176,237, lower than the Minnesota average of $269,934.
The average cost of rent is $710/mo in Deer River, primarily driven by the current value of real estate in the Deer River area. While nearly 52.08% of residents own their homes outright in Deer River, 14.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Deer River is $4,908 per month. Households that rent pay about 14.47% of their income on rent here. Deer River's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Zemple, MN: less expensive homes
- Ball Club, MN: equally priced homes
- Inger, MN: equally priced homes
- Cohasset, MN: higher priced homes
- Marcell, MN: higher priced homes
- Talmoon, MN: higher priced homes
- Spring Lake, MN: equally priced homes
- Grand Rapids, MN: higher priced homes
- Bowstring, MN: equally priced homes
- Bena, MN: less expensive homes
Cities with Similar Populations
- Auburn, KS: equally priced homes
- Richfield, NC: less expensive homes
- Kirkwood, PA: higher priced homes
- Arcadia, IN: less expensive homes
- Lexington, IL: higher priced homes
- New Athens, IL: less expensive homes
- Newfoundland, NJ: higher priced homes
- Palmer Lake, CO: higher priced homes
- Pemberville, OH: higher priced homes
- Peridot, AZ: less expensive homes
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