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These days, finding an affordable place to live in the Golden Valley area can be challenging. Home prices in Golden Valley are now at a median cost of $441,144, higher than the Minnesota average of $345,793.
The average cost of rent is $1,906/mo in Golden Valley, primarily driven by the current value of real estate in the Golden Valley area. In Golden Valley, 29.42% of households rent, and 35.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Golden Valley is $9,538 per month. Households that rent pay about 19.99% of their income on rent here. Golden Valley’s most expensive areas are in the eastern 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
- Robbinsdale, MN: less expensive homes
- Medicine Lake, MN: higher priced homes
- Crystal, MN: less expensive homes
- St. Louis Park, MN: equally priced homes
- New Hope, MN: less expensive homes
- Minneapolis, MN: less expensive homes
- Hopkins, MN: equally priced homes
- Plymouth, MN: higher priced homes
- Brooklyn Center, MN: less expensive homes
- Minnetonka, MN: equally priced homes
Cities with Similar Populations
- DeBary, FL: less expensive homes
- The Crossings, FL: equally priced homes
- Tavares, FL: less expensive homes
- Talladega, AL: less expensive homes
- Summit, NJ: higher priced homes
- Stoneham, MA: higher priced homes
- Stanwood, WA: higher priced homes
- Essex, VT: equally priced homes
- Ellijay, GA: less expensive homes
- Eden, NC: less expensive homes
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