Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hanley Falls area can be challenging. Home prices in Hanley Falls are now at a median cost of $152,544, lower than the Minnesota average of $269,934.
The average cost of rent is $646/mo in Hanley Falls, primarily driven by the current value of real estate in the Hanley Falls area. While nearly 55.12% of residents own their homes outright in Hanley Falls, 15.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hanley Falls is $6,690 per month. Households that rent pay about 9.66% of their income on rent here. Hanley Falls's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Wood Lake, MN: less expensive homes
- Hazel Run, MN: equally priced homes
- Cottonwood, MN: higher priced homes
- Granite Falls, MN: equally priced homes
- Clarkfield, MN: less expensive homes
- Echo, MN: less expensive homes
- Sacred Heart, MN: less expensive homes
- Wegdahl, MN: higher priced homes
- Vesta, MN: less expensive homes
- Maynard, MN: higher priced homes
Cities with Similar Populations
- Memphis, NE: higher priced homes
- Red Creek, WV: equally priced homes
- Red Banks, WI: higher priced homes
- Raybon, GA: less expensive homes
- Rangerville, TX: less expensive homes
- Randolph, VA: less expensive homes
- Randolph, NH: higher priced homes
- Radium Springs, GA: less expensive homes
- Mineral, IL: less expensive homes
- Millville, IN: equally priced homes
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