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Affordable
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These days, finding an affordable place to live in the Georgetown area can be challenging. Home prices in Georgetown are now at a median cost of $316,100, lower than the Minnesota average of $345,793.
The average cost of rent is $608/mo in Georgetown, primarily driven by the current value of real estate in the Georgetown area. In Georgetown, 7.15% of households rent, and 44.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Georgetown is $8,354 per month. Households that rent pay about 7.28% of their income on rent here. Georgetown’s most expensive areas are in the central 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
- Perley, MN: less expensive homes
- North River, ND: higher priced homes
- Argusville, ND: equally priced homes
- Harwood, ND: equally priced homes
- Gardner, ND: equally priced homes
- Felton, MN: equally priced homes
- Hendrum, MN: less expensive homes
- Reiles Acres, ND: higher priced homes
- Borup, MN: less expensive homes
- Dilworth, MN: less expensive homes
Cities with Similar Populations
- Gusher, UT: less expensive homes
- Weston, WY: higher priced homes
- Westville, TX: less expensive homes
- Westwood, IA: less expensive homes
- Hardy, IA: less expensive homes
- Whick, KY: less expensive homes
- Hardtner, KS: less expensive homes
- Whippoorwill, KY: less expensive homes
- Hankins, NY: higher priced homes
- Hanford, IA: less expensive homes
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