The Most Affordable Neighborhoods in Donaldson, MN by Home Value

 

Donaldson, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Donaldson area can be challenging. Home prices in Donaldson are now at a median cost of $113,902, lower than the Minnesota average of $269,934.

The average cost of rent is $832/mo in Donaldson, primarily driven by the current value of real estate in the Donaldson area. While nearly 68.96% of residents own their homes outright in Donaldson, 11.35% rent.

Housing affordability isn’t just about home prices, though. The average household income in Donaldson is $5,937 per month. Households that rent pay about 14.02% of their income on rent here. Donaldson's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.


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