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These days, finding an affordable place to live in the East Lake Francis Shores area can be challenging. Home prices in East Lake Francis Shores are now at a median cost of $263,649, lower than the Minnesota average of $269,934.
The average cost of rent is $1,220/mo in East Lake Francis Shores, primarily driven by the current value of real estate in the East Lake Francis Shores area. While nearly 22.77% of residents own their homes outright in East Lake Francis Shores, 6.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in East Lake Francis Shores is $8,325 per month. Households that rent pay about 14.65% of their income on rent here. East Lake Francis Shores's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Isanti, MN: less expensive homes
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- Walbo, MN: equally priced homes
- Oxlip, MN: equally priced homes
- West Point, MN: equally priced homes
- St. Francis, MN: less expensive homes
- Bethel, MN: higher priced homes
Cities with Similar Populations
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- Wendell, NH: equally priced homes
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- Werley, WI: less expensive homes
- West Clarksfield, OH: less expensive homes
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