Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elrosa area can be challenging. Home prices in Elrosa are now at a median cost of $206,266, lower than the Minnesota average of $269,934.
The average cost of rent is $785/mo in Elrosa, primarily driven by the current value of real estate in the Elrosa area. While nearly 54.35% of residents own their homes outright in Elrosa, 10.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elrosa is $6,052 per month. Households that rent pay about 12.96% of their income on rent here. Elrosa's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Greenwald, MN: equally priced homes
- Spring Hill, MN: equally priced homes
- Meire Grove, MN: equally priced homes
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- Brooten, MN: less expensive homes
- Melrose, MN: less expensive homes
- New Munich, MN: less expensive homes
- Grove Lake, MN: less expensive homes
- Georgeville, MN: equally priced homes
- Sauk Centre, MN: equally priced homes
Cities with Similar Populations
- Pella, WI: less expensive homes
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- Paoli, WI: higher priced homes
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- Parkwood, CA: higher priced homes
- Paton, IA: less expensive homes
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