Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gotha area can be challenging. Home prices in Gotha are now at a median cost of $394,441, higher than the Minnesota average of $269,934.
The average cost of rent is $1,488/mo in Gotha, primarily driven by the current value of real estate in the Gotha area. While nearly 43.99% of residents own their homes outright in Gotha, 6.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gotha is $8,718 per month. Households that rent pay about 17.07% of their income on rent here. Gotha's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Cologne, MN: less expensive homes
- East Union, MN: equally priced homes
- Belle Plaine, MN: less expensive homes
- Norwood, MN: less expensive homes
- Blakeley, MN: less expensive homes
- Carver, MN: less expensive homes
- Norwood Young America, MN: less expensive homes
- Jordan, MN: less expensive homes
- Hamburg, MN: less expensive homes
- Waconia, MN: less expensive homes
Cities with Similar Populations
- Tea, MO: less expensive homes
- Avalon, TX: less expensive homes
- Avilla, MO: less expensive homes
- Belcher, LA: less expensive homes
- Bledsoe, TN: less expensive homes
- Bosworth, MO: less expensive homes
- Brewster, KS: less expensive homes
- Browning, MO: less expensive homes
- Camden, MO: less expensive homes
- Carolina, WV: less expensive homes
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