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Affordable
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These days, finding an affordable place to live in the Halma area can be challenging. Home prices in Halma are now at a median cost of $153,000, lower than the Minnesota average of $345,793.
The average cost of rent is $750/mo in Halma, primarily driven by the current value of real estate in the Halma area. In Halma, 16.96% of households rent, and 59.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Halma is $6,563 per month. Households that rent pay about 11.43% of their income on rent here. Halma’s most expensive areas are in the central 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
- Lake Bronson, MN: equally priced homes
- Karlstad, MN: less expensive homes
- Noyes, MN: less expensive homes
- Donaldson, MN: less expensive homes
- Kennedy, MN: less expensive homes
- Strandquist, MN: equally priced homes
- Florian, MN: equally priced homes
- Lancaster, MN: less expensive homes
- Hallock, MN: equally priced homes
- Greenbush, MN: equally priced homes
Cities with Similar Populations
- Wetonka, SD: higher priced homes
- Bald Head Island, NC: higher priced homes
- Bangall, NY: higher priced homes
- Banks, AR: less expensive homes
- Vinland, KS: higher priced homes
- Wabbaseka, AR: less expensive homes
- Wales, IA: higher priced homes
- Westphalia, IN: less expensive homes
- Westville, MO: higher priced homes
- Allegre, KY: less expensive homes
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