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Affordable
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These days, finding an affordable place to live in the Douglas area can be challenging. Home prices in Douglas are now at a median cost of $423,976, higher than the Minnesota average of $345,793.
The average cost of rent is $1,673/mo in Douglas, primarily driven by the current value of real estate in the Douglas area. In Douglas, 15.38% of households rent, and 35.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Douglas is $11,155 per month. Households that rent pay about 15.00% of their income on rent here. Douglas’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
- Oronoco, MN: higher priced homes
- Post Town, MN: equally priced homes
- Byron, MN: equally priced homes
- Rochester, MN: less expensive homes
- Pine Island, MN: less expensive homes
- Mantorville, MN: less expensive homes
- Salem Corners, MN: equally priced homes
- Kasson, MN: less expensive homes
- Mazeppa, MN: less expensive homes
- Zumbro Falls, MN: less expensive homes
Cities with Similar Populations
- Hoskinston, KY: less expensive homes
- Holly, TX: less expensive homes
- Holt, KY: less expensive homes
- Topsy, TN: less expensive homes
- Hoosierville, IN: less expensive homes
- Tompkinsville, AL: less expensive homes
- Tomahawk, AR: less expensive homes
- Hornitos, CA: less expensive homes
- Horse Creek, CA: less expensive homes
- Horse Creek, WY: higher priced homes
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