Expensive
Affordable
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These days, finding an affordable place to live in the Erskine area can be challenging. Home prices in Erskine are now at a median cost of $187,655, lower than the Minnesota average of $345,793.
The average cost of rent is $847/mo in Erskine, primarily driven by the current value of real estate in the Erskine area. In Erskine, 31.20% of households rent, and 47.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Erskine is $5,286 per month. Households that rent pay about 16.03% of their income on rent here. Erskine’s most expensive areas are in the southwestern 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
- Mcintosh, MN: less expensive homes
- Winger, MN: equally priced homes
- Mentor, MN: higher priced homes
- Brooks, MN: less expensive homes
- Rindal, MN: higher priced homes
- Fosston, MN: equally priced homes
- Terrebonne, MN: less expensive homes
- Fertile, MN: equally priced homes
- Bejou, MN: equally priced homes
- Oklee, MN: less expensive homes
Cities with Similar Populations
- Sheffield, IL: less expensive homes
- Lidgerwood, ND: less expensive homes
- Littleville, AL: less expensive homes
- Looxahoma, MS: less expensive homes
- Lum, MI: higher priced homes
- Round Mountain, TX: higher priced homes
- Sanostee, NM: less expensive homes
- Schoeneck, PA: higher priced homes
- Scotland, CT: higher priced homes
- Lerona, WV: equally priced homes
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