The Most Affordable Neighborhoods in East Beaver Bay, MN by Home Value

 

East Beaver Bay, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the East Beaver Bay area can be challenging. Home prices in East Beaver Bay are now at a median cost of $179,490, lower than the Minnesota average of $269,934.

The average cost of rent is $769/mo in East Beaver Bay, primarily driven by the current value of real estate in the East Beaver Bay area. While nearly 41.44% of residents own their homes outright in East Beaver Bay, 9.83% rent.

Housing affordability isn’t just about home prices, though. The average household income in East Beaver Bay is $6,032 per month. Households that rent pay about 12.75% of their income on rent here. East Beaver Bay's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.


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