Expensive
Affordable
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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 $175,006, lower than the New York average of $610,895.
The average cost of rent is $1,284/mo in Deer River, primarily driven by the current value of real estate in the Deer River area. In Deer River, 23.02% of households rent, and 46.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Deer River is $6,429 per month. Households that rent pay about 19.97% of their income on rent here. Deer River’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
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Cities with Similar Populations
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- Harrison, NE: less expensive homes
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- Tindall, MO: equally priced homes
- Tinkerville, NH: higher priced homes
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