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Affordable
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These days, finding an affordable place to live in the Garvin area can be challenging. Home prices in Garvin are now at a median cost of $273,656, lower than the Minnesota average of $345,793.
The average cost of rent is $855/mo in Garvin, primarily driven by the current value of real estate in the Garvin area. In Garvin, 10.68% of households rent, and 53.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Garvin is $6,772 per month. Households that rent pay about 12.63% of their income on rent here. Garvin’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Balaton, MN: less expensive homes
- Tracy, MN: less expensive homes
- Currie, MN: less expensive homes
- Amiret, MN: less expensive homes
- Burchard, MN: less expensive homes
- Slayton, MN: less expensive homes
- Lake Wilson, MN: less expensive homes
- Dovray, MN: less expensive homes
- Hadley, MN: less expensive homes
- Russell, MN: less expensive homes
Cities with Similar Populations
- Elm Grove, NC: less expensive homes
- Dunlap, CA: higher priced homes
- Durango, IA: higher priced homes
- Eagle Nest, NM: higher priced homes
- Earl Park, IN: less expensive homes
- East Boothbay, ME: higher priced homes
- East Union, MN: higher priced homes
- East Vandergrift, PA: less expensive homes
- East Wenatchee Bench, WA: higher priced homes
- Eastville, VA: higher priced homes
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