Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Essig area can be challenging. Home prices in Essig are now at a median cost of $224,076, lower than the Minnesota average of $269,934.
The average cost of rent is $691/mo in Essig, primarily driven by the current value of real estate in the Essig area. While nearly 60.41% of residents own their homes outright in Essig, 12.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Essig is $6,653 per month. Households that rent pay about 10.39% of their income on rent here. Essig's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Searles, MN: less expensive homes
- St. George, MN: less expensive homes
- Sleepy Eye, MN: less expensive homes
- New Ulm, MN: less expensive homes
- Evan, MN: less expensive homes
- Klossner, MN: equally priced homes
- Leavenworth, MN: equally priced homes
- Cobden, MN: less expensive homes
- Godahl, MN: less expensive homes
- Hanska, MN: less expensive homes
Cities with Similar Populations
- Panther Creek, NC: equally priced homes
- Newburg, IA: less expensive homes
- North Newport, NH: less expensive homes
- North Springfield, PA: less expensive homes
- Ochwalkee, GA: less expensive homes
- Old Washington, OH: less expensive homes
- Oldwick, NJ: higher priced homes
- Orion, WI: less expensive homes
- Oslo, MN: less expensive homes
- Pacama, NY: equally priced homes
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