Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Deerwood area can be challenging. Home prices in Deerwood are now at a median cost of $266,334, lower than the Minnesota average of $269,934.
The average cost of rent is $700/mo in Deerwood, primarily driven by the current value of real estate in the Deerwood area. While nearly 43.26% of residents own their homes outright in Deerwood, 5.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Deerwood is $6,060 per month. Households that rent pay about 11.55% of their income on rent here. Deerwood's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Crosby Beach, MN: less expensive homes
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- Crosby, MN: less expensive homes
- Cuyuna, MN: equally priced homes
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- Trommald, MN: less expensive homes
- Aitkin, MN: less expensive homes
- Wealthwood, MN: equally priced homes
- Riverton, MN: less expensive homes
- Garrison, MN: less expensive homes
Cities with Similar Populations
- Canby, MN: less expensive homes
- Cherryvale, KS: less expensive homes
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- Marshfield Hills, MA: higher priced homes
- McLouth, KS: less expensive homes
- Montpelier, IN: less expensive homes
- Muscoda, WI: less expensive homes
- Nineveh, IN: equally priced homes
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