Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Heinola area can be challenging. Home prices in Heinola are now at a median cost of $265,469, lower than the Minnesota average of $269,934.
The average cost of rent is $882/mo in Heinola, primarily driven by the current value of real estate in the Heinola area. While nearly 40.73% of residents own their homes outright in Heinola, 10.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Heinola is $5,998 per month. Households that rent pay about 14.70% of their income on rent here. Heinola's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Ottertail, MN: equally priced homes
- Deer Creek, MN: less expensive homes
- New York Mills, MN: less expensive homes
- Henning, MN: less expensive homes
- Bluffton, MN: less expensive homes
- Vining, MN: equally priced homes
- Perham, MN: less expensive homes
- Richville, MN: equally priced homes
- Wadena, MN: less expensive homes
- Clitherall, MN: equally priced homes
Cities with Similar Populations
- Sampson, WI: less expensive homes
- Jewett, IL: less expensive homes
- Kickapoo, IL: equally priced homes
- Lake Tanglewood, TX: equally priced homes
- Lorane, IN: less expensive homes
- Loretto, MI: less expensive homes
- Ludlow, MS: less expensive homes
- Macedonia, TN: less expensive homes
- Mackay, ID: less expensive homes
- Rush, PA: less expensive homes
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