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Affordable
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These days, finding an affordable place to live in the Hampton area can be challenging. Home prices in Hampton are now at a median cost of $382,231, higher than the Minnesota average of $345,793.
The average cost of rent is $1,096/mo in Hampton, primarily driven by the current value of real estate in the Hampton area. In Hampton, 6.14% of households rent, and 35.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hampton is $9,278 per month. Households that rent pay about 11.81% of their income on rent here. Hampton’s most expensive areas are in the eastern 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
- New Trier, MN: higher priced homes
- Vermillion, MN: equally priced homes
- Randolph, MN: higher priced homes
- Coates, MN: higher priced homes
- Castle Rock, MN: higher priced homes
- Miesville, MN: higher priced homes
- Cannon Falls, MN: less expensive homes
- Farmington, MN: equally priced homes
- Stanton, MN: higher priced homes
- Waterford, MN: higher priced homes
Cities with Similar Populations
- Woodburn, VA: higher priced homes
- Decaturville, MO: less expensive homes
- Vernon Center, NY: less expensive homes
- Hooversville, PA: less expensive homes
- Valley View, PA: less expensive homes
- Clarence, IA: less expensive homes
- Chilchinbito, AZ: less expensive homes
- Three Bridges, NJ: higher priced homes
- Carl, GA: less expensive homes
- Bradford Woods, PA: higher priced homes
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