Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Echo area can be challenging. Home prices in Echo are now at a median cost of $107,841, lower than the Minnesota average of $269,934.
The average cost of rent is $543/mo in Echo, primarily driven by the current value of real estate in the Echo area. While nearly 61.65% of residents own their homes outright in Echo, 12.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Echo is $6,125 per month. Households that rent pay about 8.86% of their income on rent here. Echo's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Belview, MN: higher priced homes
- Wood Lake, MN: higher priced homes
- Vesta, MN: higher priced homes
- Delhi, MN: higher priced homes
- Hanley Falls, MN: higher priced homes
- Sacred Heart, MN: higher priced homes
- Seaforth, MN: higher priced homes
- Cottonwood, MN: higher priced homes
- Granite Falls, MN: higher priced homes
- Renville, MN: equally priced homes
Cities with Similar Populations
- North Royalton, VT: higher priced homes
- Pine Mills, TX: higher priced homes
- Pemberton, MN: higher priced homes
- Pecaniere, LA: less expensive homes
- Peaks Mill, KY: higher priced homes
- Palmer, IL: equally priced homes
- Owaneco, IL: higher priced homes
- Ottawa, MN: higher priced homes
- Orum, SC: equally priced homes
- Orton Hill, TX: equally priced homes
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