Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downer area can be challenging. Home prices in Downer are now at a median cost of $285,531, higher than the Minnesota average of $269,934.
The average cost of rent is $718/mo in Downer, primarily driven by the current value of real estate in the Downer area. While nearly 38.63% of residents own their homes outright in Downer, 5.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downer is $8,057 per month. Households that rent pay about 8.91% of their income on rent here. Downer's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Baker, MN: less expensive homes
- Sabin, MN: less expensive homes
- Barnesville, MN: less expensive homes
- Glyndon, MN: less expensive homes
- Hawley, MN: less expensive homes
- Rollag, MN: equally priced homes
- Rustad, MN: less expensive homes
- Dilworth, MN: equally priced homes
- Comstock, MN: less expensive homes
- Moorhead, MN: less expensive homes
Cities with Similar Populations
- Delphos, KS: less expensive homes
- Silver Beach Heights, FL: less expensive homes
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- Sheppards, GA: less expensive homes
- Shelby, WI: less expensive homes
- Shawnee On Delaware, PA: less expensive homes
- Sharon Grove, KY: less expensive homes
- Shacktown, NC: less expensive homes
- Scotsdale, MO: less expensive homes
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