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Affordable
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These days, finding an affordable place to live in the Finlayson area can be challenging. Home prices in Finlayson are now at a median cost of $255,208, lower than the Minnesota average of $345,793.
The average cost of rent is $1,073/mo in Finlayson, primarily driven by the current value of real estate in the Finlayson area. In Finlayson, 11.03% of households rent, and 48.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Finlayson is $5,701 per month. Households that rent pay about 18.81% of their income on rent here. Finlayson’s most expensive areas are in the central 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
- Rutledge, MN: less expensive homes
- Giese, MN: equally priced homes
- Sandstone, MN: less expensive homes
- Friesland, MN: equally priced homes
- Askov, MN: less expensive homes
- Willow River, MN: less expensive homes
- Kroschel, MN: equally priced homes
- Denham, MN: less expensive homes
- Bruno, MN: less expensive homes
- Hinckley, MN: less expensive homes
Cities with Similar Populations
- Garibaldi, OR: higher priced homes
- Third Lake, IL: higher priced homes
- Tennyson, IN: less expensive homes
- Teec Nos Pos, AZ: less expensive homes
- Sulphur, KY: less expensive homes
- Stillwater, PA: less expensive homes
- St. Helena, NC: equally priced homes
- Alpena Junction, MI: less expensive homes
- Jarvisburg, NC: higher priced homes
- Hooper, NE: less expensive homes
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