Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Eveleth area can be challenging. Home prices in Eveleth are now at a median cost of $156,005, lower than the Minnesota average of $269,934.
The average cost of rent is $821/mo in Eveleth, primarily driven by the current value of real estate in the Eveleth area. While nearly 42.44% of residents own their homes outright in Eveleth, 20.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Eveleth is $5,380 per month. Households that rent pay about 15.27% of their income on rent here. Eveleth's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Genoa, MN: higher priced homes
- Leonidas, MN: less expensive homes
- Iron Junction, MN: equally priced homes
- Gilbert, MN: equally priced homes
- Mountain Iron, MN: equally priced homes
- Virginia, MN: less expensive homes
- Iron, MN: equally priced homes
- McKinley, MN: less expensive homes
- Parkville, MN: less expensive homes
- Zim, MN: less expensive homes
Cities with Similar Populations
- Lake Placid, NY: higher priced homes
- Lavon, TX: higher priced homes
- Latta, SC: less expensive homes
- Lancaster, WI: equally priced homes
- Lancaster, MA: higher priced homes
- Lamar, MO: less expensive homes
- Lakewood, IL: higher priced homes
- Lakehills, TX: higher priced homes
- Lake Worth, TX: higher priced homes
- Lake Tansi, TN: equally priced homes
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