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Affordable
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These days, finding an affordable place to live in the Fountain area can be challenging. Home prices in Fountain are now at a median cost of $277,251, lower than the Minnesota average of $345,793.
The average cost of rent is $755/mo in Fountain, primarily driven by the current value of real estate in the Fountain area. In Fountain, 9.84% of households rent, and 39.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fountain is $7,562 per month. Households that rent pay about 9.98% of their income on rent here. Fountain’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Preston, MN: less expensive homes
- Chatfield, MN: equally priced homes
- Wykoff, MN: equally priced homes
- Troy, MN: equally priced homes
- Lanesboro, MN: less expensive homes
- Cummingsville, MN: higher priced homes
- Saratoga, MN: higher priced homes
- Washington, MN: higher priced homes
- Whalan, MN: higher priced homes
- Henrytown, MN: less expensive homes
Cities with Similar Populations
- Cool Springs, AL: less expensive homes
- East Thetford, VT: higher priced homes
- Waterville, KS: less expensive homes
- Delaplane, VA: higher priced homes
- Deerbrook, WI: less expensive homes
- Dante, VA: less expensive homes
- Cushing, WI: less expensive homes
- Crawfordville, GA: less expensive homes
- Wetmore, TX: higher priced homes
- Cool, TX: higher priced homes
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