Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Edgewood area can be challenging. Home prices in Edgewood are now at a median cost of $218,425, lower than the Minnesota average of $269,934.
The average cost of rent is $944/mo in Edgewood, primarily driven by the current value of real estate in the Edgewood area. While nearly 30.70% of residents own their homes outright in Edgewood, 17.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Edgewood is $6,716 per month. Households that rent pay about 14.05% of their income on rent here. Edgewood's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Cambridge, MN: equally priced homes
- Bodum, MN: equally priced homes
- East Lake Francis Shores, MN: higher priced homes
- Isanti, MN: equally priced homes
- Walbo, MN: higher priced homes
- Grandy, MN: higher priced homes
- Bradford, MN: higher priced homes
- Stanchfield, MN: higher priced homes
- Stark, MN: higher priced homes
- Weber, MN: higher priced homes
Cities with Similar Populations
- Smartville, NY: less expensive homes
- Shields, KS: less expensive homes
- Shintown, PA: less expensive homes
- Silver Ridge, ME: less expensive homes
- Sizerville, PA: less expensive homes
- Skamokawa Valley, WA: less expensive homes
- Slapout, OK: less expensive homes
- Slater, CO: higher priced homes
- Sligo, OH: higher priced homes
- Seven Points, PA: less expensive homes
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