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These days, finding an affordable place to live in the Granada area can be challenging. Home prices in Granada are now at a median cost of $170,490, lower than the Minnesota average of $345,793.
The average cost of rent is $898/mo in Granada, primarily driven by the current value of real estate in the Granada area. In Granada, 12.36% of households rent, and 48.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Granada is $6,857 per month. Households that rent pay about 13.10% of their income on rent here. Granada’s most expensive areas are in the southeastern 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
- Imogene, MN: higher priced homes
- Northrop, MN: equally priced homes
- Guckeen, MN: higher priced homes
- Fairmont, MN: higher priced homes
- Huntley, MN: higher priced homes
- Truman, MN: less expensive homes
- Winnebago, MN: less expensive homes
- Pilot Grove, MN: higher priced homes
- Riverside Heights, MN: higher priced homes
- Wilbert, MN: higher priced homes
Cities with Similar Populations
- Strickland, MI: less expensive homes
- Bath Springs, TN: equally priced homes
- Bear River, WY: higher priced homes
- Beekman, LA: less expensive homes
- Candia Four Corners, NH: higher priced homes
- Canaseraga, NY: less expensive homes
- Bethesda, WV: less expensive homes
- Beulah Heights, KY: less expensive homes
- Bigelow, MN: equally priced homes
- Bayview, ID: higher priced homes
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