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Affordable
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These days, finding an affordable place to live in the Erdahl area can be challenging. Home prices in Erdahl are now at a median cost of $247,134, lower than the Minnesota average of $345,793.
The average cost of rent is $805/mo in Erdahl, primarily driven by the current value of real estate in the Erdahl area. In Erdahl, 16.21% of households rent, and 51.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Erdahl is $6,719 per month. Households that rent pay about 11.98% of their income on rent here. Erdahl’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elbow Lake, MN: less expensive homes
- Ashby, MN: higher priced homes
- Barrett, MN: equally priced homes
- Evansville, MN: less expensive homes
- Melby, MN: higher priced homes
- Brandon, MN: higher priced homes
- Hoffman, MN: less expensive homes
- Dalton, MN: higher priced homes
- Wendell, MN: equally priced homes
- Millerville, MN: higher priced homes
Cities with Similar Populations
- Stockdale, OH: less expensive homes
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- Athalia, OH: less expensive homes
- Stanhope, PA: equally priced homes
- Pence Springs, WV: less expensive homes
- Outingdale, CA: higher priced homes
- Outwood, PA: less expensive homes
- Owings, WV: less expensive homes
- Paint Rock, NC: less expensive homes
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