The Most Affordable Neighborhoods in Grey Eagle, MN by Home Value

 

Grey Eagle, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Grey Eagle area can be challenging. Home prices in Grey Eagle are now at a median cost of $330,507, lower than the Minnesota average of $345,793.

The average cost of rent is $873/mo in Grey Eagle, primarily driven by the current value of real estate in the Grey Eagle area. In Grey Eagle, 10.75% of households rent, and 50.13% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Grey Eagle is $7,144 per month. Households that rent pay about 12.22% of their income on rent here. Grey Eagle’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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