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Affordable
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These days, finding an affordable place to live in the Hardwick area can be challenging. Home prices in Hardwick are now at a median cost of $203,307, lower than the Minnesota average of $345,793.
The average cost of rent is $684/mo in Hardwick, primarily driven by the current value of real estate in the Hardwick area. In Hardwick, 16.95% of households rent, and 54.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hardwick is $5,660 per month. Households that rent pay about 12.08% of their income on rent here. Hardwick’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kenneth, MN: equally priced homes
- Trosky, MN: higher priced homes
- Edgerton, MN: less expensive homes
- Luverne, MN: equally priced homes
- Leota, MN: less expensive homes
- Jasper, MN: less expensive homes
- Hatfield, MN: equally priced homes
- Magnolia, MN: higher priced homes
- Ihlen, MN: less expensive homes
- Beaver Creek, MN: higher priced homes
Cities with Similar Populations
- Liberty, KS: less expensive homes
- Rio Rico, TX: less expensive homes
- Lowemont, KS: higher priced homes
- Longtown, MS: less expensive homes
- Lodiburg, KY: less expensive homes
- Lockhart, SC: less expensive homes
- Littles Corners, PA: less expensive homes
- Little Rock, KY: higher priced homes
- Little Eagle, SD: less expensive homes
- Litchfield, PA: higher priced homes
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