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These days, finding an affordable place to live in the Hamberg area can be challenging. Home prices in Hamberg are now at a median cost of $119,009, lower than the North Dakota average of $273,535.
The average cost of rent is $617/mo in Hamberg, primarily driven by the current value of real estate in the Hamberg area. In Hamberg, 11.53% of households rent, and 76.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hamberg is $6,164 per month. Households that rent pay about 10.02% of their income on rent here. Hamberg’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fessenden, ND: less expensive homes
- Bremen, ND: less expensive homes
- South Cottonwood, ND: less expensive homes
- Bowdon, ND: less expensive homes
- Manfred, ND: higher priced homes
- Heaton, ND: less expensive homes
- Chaseley, ND: less expensive homes
- Cathay, ND: higher priced homes
- Heimdal, ND: higher priced homes
- Hurdsfield, ND: less expensive homes
Cities with Similar Populations
- Estes, AR: higher priced homes
- Forest, ME: less expensive homes
- Fly Summit, NY: higher priced homes
- Flucom, MO: higher priced homes
- Five Mile, OH: higher priced homes
- Sedan, NE: less expensive homes
- Falls Mill, WV: higher priced homes
- Scovel, IL: higher priced homes
- Eunice, MS: less expensive homes
- Scotch Bonnet, NJ: higher priced homes
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