Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Graceton area can be challenging. Home prices in Graceton are now at a median cost of $186,633, lower than the Minnesota average of $269,934.
The average cost of rent is $691/mo in Graceton, primarily driven by the current value of real estate in the Graceton area. While nearly 51.03% of residents own their homes outright in Graceton, 12.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Graceton is $5,545 per month. Households that rent pay about 12.45% of their income on rent here. Graceton's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Pitt, MN: equally priced homes
- Williams, MN: higher priced homes
- Hackett, MN: higher priced homes
- Baudette, MN: equally priced homes
- Roosevelt, MN: less expensive homes
- Carp, MN: less expensive homes
- Clementson, MN: less expensive homes
- Warroad, MN: less expensive homes
- Border, MN: less expensive homes
- Salol, MN: less expensive homes
Cities with Similar Populations
- Freemansburg, WV: less expensive homes
- Sunkist, OK: less expensive homes
- Summerfield, KS: less expensive homes
- Sula, MT: higher priced homes
- Sugarfork, NC: higher priced homes
- Stubblefield, IL: equally priced homes
- St. Mary, NE: less expensive homes
- St. Marks, IN: equally priced homes
- St. Anthony, IA: less expensive homes
- Sunny South, AL: less expensive homes
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