Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hale area can be challenging. Home prices in Hale are now at a median cost of $367,688, higher than the Minneapolis average of $316,867.
The average cost of rent is $1,598/mo in Hale, primarily driven by the current value of real estate in the Hale area. While nearly 21.58% of residents own their homes outright in Hale, 13.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hale is $11,757 per month. Households that rent pay about 13.59% of their income on rent here. Hale's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Minnehaha, Minneapolis, MN: less expensive homes
- Northrup, Minneapolis, MN: less expensive homes
- Diamond Lake, Minneapolis, MN: equally priced homes
- Wenonah, Minneapolis, MN: less expensive homes
- Keewaydin, Minneapolis, MN: less expensive homes
- Fuller Tangletown, Minneapolis, MN: higher priced homes
- Bancroft, Minneapolis, MN: less expensive homes
- Ericsson, Minneapolis, MN: less expensive homes
- Windom, Minneapolis, MN: less expensive homes
- Standish, Minneapolis, MN: less expensive homes
Neighborhoods with Similar Populations
- Tri-Lakes, Woodmoor, CO: higher priced homes
- Rockwood, Oklahoma City, OK: less expensive homes
- Bay Colony, Fort Lauderdale, FL: higher priced homes
- Ashbrook-Clawson Village, Charlotte, NC: equally priced homes
- York, Bellingham, WA: higher priced homes
- Verplanck, Manchester, CT: less expensive homes
- Southdale, Edina, MN: less expensive homes
- School Gardens, Riviera Beach, MD: less expensive homes
- Payette Heights, Payette, ID: less expensive homes
- Park Hill, Louisville, KY: less expensive homes
All Local Stats
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