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These days, finding an affordable place to live in the Farris area can be challenging. Home prices in Farris are now at a median cost of $233,782, lower than the Minnesota average of $345,793.
The average cost of rent is $981/mo in Farris, primarily driven by the current value of real estate in the Farris area. In Farris, 18.36% of households rent, and 51.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Farris is $6,271 per month. Households that rent pay about 15.65% of their income on rent here. Farris’s most expensive areas are in the western 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
- Cass Lake, MN: less expensive homes
- Pennington, MN: less expensive homes
- Laporte, MN: higher priced homes
- Bemidji, MN: equally priced homes
- Turtle River, MN: higher priced homes
- Wilton, MN: higher priced homes
- Benedict, MN: higher priced homes
- Schley, MN: less expensive homes
- Solway, MN: equally priced homes
- Lake George, MN: higher priced homes
Cities with Similar Populations
- Ash Grove, MO: less expensive homes
- Youngwood, PA: less expensive homes
- Youngsville, PA: less expensive homes
- Wildwood Crest, NJ: higher priced homes
- Utica, MS: less expensive homes
- Toyahvale, TX: less expensive homes
- Shoshone, ID: higher priced homes
- Scurry, TX: higher priced homes
- Fort Ann, NY: equally priced homes
- Fonda, NY: less expensive homes
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