Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grand Meadow area can be challenging. Home prices in Grand Meadow are now at a median cost of $189,748, lower than the Minnesota average of $269,934.
The average cost of rent is $714/mo in Grand Meadow, primarily driven by the current value of real estate in the Grand Meadow area. While nearly 36.50% of residents own their homes outright in Grand Meadow, 16.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grand Meadow is $5,904 per month. Households that rent pay about 12.10% of their income on rent here. Grand Meadow's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Racine, MN: higher priced homes
- Dexter, MN: equally priced homes
- Hamilton, MN: higher priced homes
- Elkton, MN: less expensive homes
- Ostrander, MN: less expensive homes
- Spring Valley, MN: less expensive homes
- Taopi, MN: higher priced homes
- Stewartville, MN: equally priced homes
- Sargeant, MN: equally priced homes
- Washington, MN: higher priced homes
Cities with Similar Populations
- Livona, ND: higher priced homes
- Scott, AR: equally priced homes
- Rennert, NC: less expensive homes
- Register, GA: less expensive homes
- Porterfield, WI: less expensive homes
- Ninnekah, OK: less expensive homes
- Millfield, OH: less expensive homes
- Milam, TX: less expensive homes
- McDonalds Mill, VA: higher priced homes
- Macon, IL: less expensive homes
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