The Most Affordable Neighborhoods in Elysian, MN by Home Value

 

Elysian, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Elysian area can be challenging. Home prices in Elysian are now at a median cost of $296,424, higher than the Minnesota average of $269,934.

The average cost of rent is $1,076/mo in Elysian, primarily driven by the current value of real estate in the Elysian area. While nearly 46.53% of residents own their homes outright in Elysian, 14.11% rent.

Housing affordability isn’t just about home prices, though. The average household income in Elysian is $7,163 per month. Households that rent pay about 15.03% of their income on rent here. Elysian's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.


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