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Affordable
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These days, finding an affordable place to live in the Henderson area can be challenging. Home prices in Henderson are now at a median cost of $303,426, lower than the Minnesota average of $345,793.
The average cost of rent is $1,250/mo in Henderson, primarily driven by the current value of real estate in the Henderson area. In Henderson, 18.00% of households rent, and 34.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Henderson is $8,140 per month. Households that rent pay about 15.36% of their income on rent here. Henderson’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jessenland, MN: higher priced homes
- Le Sueur, MN: equally priced homes
- Rush River, MN: equally priced homes
- Blakeley, MN: higher priced homes
- St. Thomas, MN: higher priced homes
- New Rome, MN: higher priced homes
- Arlington, MN: less expensive homes
- Green Isle, MN: higher priced homes
- Belle Plaine, MN: higher priced homes
- Ottawa, MN: higher priced homes
Cities with Similar Populations
- Stockbridge, WI: higher priced homes
- Darmstadt, IN: equally priced homes
- Dahlgren, IL: less expensive homes
- Conway, MA: higher priced homes
- Toddville, IA: higher priced homes
- Wauzeka, WI: less expensive homes
- Carsonville, MI: less expensive homes
- West Buechel, KY: less expensive homes
- Campbelltown, PA: higher priced homes
- Westmoreland, KS: less expensive homes
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