Affordable
Expensive
Expensive
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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 $351,503, higher than the Minnesota average of $345,793.
The average cost of rent is $789/mo in Downer, primarily driven by the current value of real estate in the Downer area. In Downer, 4.68% of households rent, and 41.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downer is $9,065 per month. Households that rent pay about 8.71% of their income on rent here. Downer’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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
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- 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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- 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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