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These days, finding an affordable place to live in the Dexter area can be challenging. Home prices in Dexter are now at a median cost of $245,031, lower than the Minnesota average of $345,793.
The average cost of rent is $866/mo in Dexter, primarily driven by the current value of real estate in the Dexter area. In Dexter, 19.73% of households rent, and 42.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dexter is $8,129 per month. Households that rent pay about 10.66% of their income on rent here. Dexter’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elkton, MN: less expensive homes
- Grand Meadow, MN: equally priced homes
- Sargeant, MN: equally priced homes
- Brownsdale, MN: less expensive homes
- Rose Creek, MN: less expensive homes
- Racine, MN: higher priced homes
- Nicolville, MN: less expensive homes
- Adams, MN: less expensive homes
- Mayville, MN: higher priced homes
- Taopi, MN: higher priced homes
Cities with Similar Populations
- Darco, TX: less expensive homes
- Evans, MO: less expensive homes
- Tunnelton, PA: less expensive homes
- Dodds, OH: higher priced homes
- Dial, GA: higher priced homes
- DeWitt, NE: less expensive homes
- Dewey, IL: higher priced homes
- Warnock, KY: less expensive homes
- Dempsey, WV: less expensive homes
- Defeated, TN: equally priced homes
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