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Affordable
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These days, finding an affordable place to live in the Dumont area can be challenging. Home prices in Dumont are now at a median cost of $176,142, lower than the Minnesota average of $345,793.
The average cost of rent is $647/mo in Dumont, primarily driven by the current value of real estate in the Dumont area. In Dumont, 10.17% of households rent, and 57.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dumont is $8,061 per month. Households that rent pay about 8.03% of their income on rent here. Dumont’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Johnson, MN: equally priced homes
- Wheaton, MN: less expensive homes
- Graceville, MN: less expensive homes
- Barry, MN: higher priced homes
- Bonanza Grove, MN: equally priced homes
- Chokio, MN: less expensive homes
- Norcross, MN: equally priced homes
- Herman, MN: equally priced homes
- Clinton, MN: equally priced homes
- Beardsley, MN: higher priced homes
Cities with Similar Populations
- McDaniel, IN: higher priced homes
- Prairieville, TX: higher priced homes
- Potter Junction, AR: equally priced homes
- Penelope, TX: equally priced homes
- Parks Crossroads, NC: higher priced homes
- Parkhill, PA: less expensive homes
- Mineral Springs, OH: higher priced homes
- Millboro Springs, VA: less expensive homes
- Middle Village, MI: higher priced homes
- Meservey, IA: less expensive homes
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