Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Erhard area can be challenging. Home prices in Erhard are now at a median cost of $203,410, lower than the Minnesota average of $269,934.
The average cost of rent is $1,126/mo in Erhard, primarily driven by the current value of real estate in the Erhard area. While nearly 41.90% of residents own their homes outright in Erhard, 10.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Erhard is $6,140 per month. Households that rent pay about 18.33% of their income on rent here. Erhard's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Elizabeth, MN: higher priced homes
- Pelican Rapids, MN: higher priced homes
- Phelps, MN: higher priced homes
- Fergus Falls, MN: less expensive homes
- Rothsay, MN: less expensive homes
- Underwood, MN: higher priced homes
- Richville, MN: higher priced homes
- Dent, MN: higher priced homes
- Vergas, MN: higher priced homes
- Lake Eunice, MN: higher priced homes
Cities with Similar Populations
- Great River, NY: higher priced homes
- Warrensburg, IL: less expensive homes
- Hope, MS: less expensive homes
- Holmansville, NJ: higher priced homes
- Holiday Lakes, TX: less expensive homes
- Hettinger, ND: less expensive homes
- Heritage Hills, NY: higher priced homes
- Henderson, NE: less expensive homes
- Hay Springs, NE: less expensive homes
- Hartwood, VA: higher priced homes
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