The Most Affordable Neighborhoods in Flom, MN by Home Value

 

Flom, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Flom area can be challenging. Home prices in Flom are now at a median cost of $170,600, lower than the Minnesota average of $269,934.

The average cost of rent is $820/mo in Flom, primarily driven by the current value of real estate in the Flom area. While nearly 50.74% of residents own their homes outright in Flom, 16.17% rent.

Housing affordability isn’t just about home prices, though. The average household income in Flom is $6,123 per month. Households that rent pay about 13.40% of their income on rent here. Flom's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.


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