
Affordable
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These days, finding an affordable place to live in the Eldred area can be challenging. Home prices in Eldred are now at a median cost of $235,500, lower than the Minnesota average of $345,793.
The average cost of rent is $954/mo in Eldred, primarily driven by the current value of real estate in the Eldred area. In Eldred, 13.65% of households rent, and 49.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eldred is $8,273 per month. Households that rent pay about 11.53% of their income on rent here. Eldred’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Climax, MN: less expensive homes
- Crookston Junction, MN: equally priced homes
- Fisher, MN: equally priced homes
- Crookston, MN: less expensive homes
- Nielsville, MN: less expensive homes
- Beltrami, MN: less expensive homes
- Gentilly, MN: higher priced homes
- Buxton, ND: higher priced homes
- Shelly, MN: less expensive homes
- Thompson, ND: higher priced homes
Cities with Similar Populations
- East Galway, NY: higher priced homes
- Enos, IL: less expensive homes
- Emma, IL: less expensive homes
- Wynnburg, TN: less expensive homes
- Thomas Mills, PA: less expensive homes
- Elm Park, AR: less expensive homes
- Yankeetown, TN: less expensive homes
- Edgarton, WV: less expensive homes
- Eddyville, PA: less expensive homes
- Eckard, IL: less expensive homes
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