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Affordable
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These days, finding an affordable place to live in the Dennison area can be challenging. Home prices in Dennison are now at a median cost of $401,698, higher than the Minnesota average of $345,793.
The average cost of rent is $1,052/mo in Dennison, primarily driven by the current value of real estate in the Dennison area. In Dennison, 10.59% of households rent, and 36.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dennison is $9,070 per month. Households that rent pay about 11.60% of their income on rent here. Dennison’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sogn, MN: equally priced homes
- Stanton, MN: higher priced homes
- Nerstrand, MN: equally priced homes
- Cannon Falls, MN: less expensive homes
- Wastedo, MN: equally priced homes
- Randolph, MN: higher priced homes
- Waterford, MN: higher priced homes
- Northfield, MN: less expensive homes
- Kenyon, MN: less expensive homes
- Moland, MN: less expensive homes
Cities with Similar Populations
- Elk Creek, VA: less expensive homes
- Ulman, MO: less expensive homes
- Fulton, IN: less expensive homes
- Frankford, MO: less expensive homes
- Forestburgh, NY: less expensive homes
- Flatrock, WV: less expensive homes
- Fidelle, GA: less expensive homes
- Farwell, MN: less expensive homes
- Fanning, MO: less expensive homes
- Evergreen, LA: less expensive homes
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