Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Floodwood area can be challenging. Home prices in Floodwood are now at a median cost of $120,594, lower than the Minnesota average of $269,934.
The average cost of rent is $716/mo in Floodwood, primarily driven by the current value of real estate in the Floodwood area. While nearly 47.41% of residents own their homes outright in Floodwood, 19.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Floodwood is $3,754 per month. Households that rent pay about 19.07% of their income on rent here. Floodwood's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Wawina, MN: higher priced homes
- Meadowlands, MN: higher priced homes
- Brookston, MN: higher priced homes
- Prosit, MN: higher priced homes
- Alborn, MN: higher priced homes
- Culver, MN: higher priced homes
- Wright, MN: higher priced homes
- Toivola, MN: higher priced homes
- Swan River, MN: higher priced homes
- Burnett, MN: higher priced homes
Cities with Similar Populations
- Wolfeboro Falls, NH: higher priced homes
- Flatgap, KY: less expensive homes
- Earth, TX: less expensive homes
- Dover Beaches North, NJ: higher priced homes
- St. Regis, MT: higher priced homes
- Chula, VA: higher priced homes
- Tiplersville, MS: equally priced homes
- Twelve Corners, WI: higher priced homes
- Bland, VA: equally priced homes
- Wanda, IL: higher priced homes
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