Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ellendale area can be challenging. Home prices in Ellendale are now at a median cost of $155,748, lower than the Minnesota average of $269,934.
The average cost of rent is $859/mo in Ellendale, primarily driven by the current value of real estate in the Ellendale area. While nearly 35.72% of residents own their homes outright in Ellendale, 17.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ellendale is $5,978 per month. Households that rent pay about 14.38% of their income on rent here. Ellendale's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Geneva, MN: equally priced homes
- Hope, MN: higher priced homes
- Summit, MN: higher priced homes
- Litomysl, MN: higher priced homes
- Vista, MN: higher priced homes
- Clarks Grove, MN: equally priced homes
- Steele Center, MN: higher priced homes
- New Richland, MN: equally priced homes
- Hollandale, MN: equally priced homes
- Hartland, MN: higher priced homes
Cities with Similar Populations
- Flatwoods, TN: less expensive homes
- Vallonia, IN: higher priced homes
- Humphrey, NE: higher priced homes
- Hills, IA: equally priced homes
- Gurley, LA: higher priced homes
- Gerrish, NH: higher priced homes
- Furnaceville, NY: equally priced homes
- Foxtown, SC: less expensive homes
- Fort Cobb, OK: less expensive homes
- Flintstone, MD: equally priced homes
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