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These days, finding an affordable place to live in the Hendricks area can be challenging. Home prices in Hendricks are now at a median cost of $182,070, lower than the Minnesota average of $345,793.
The average cost of rent is $781/mo in Hendricks, primarily driven by the current value of real estate in the Hendricks area. In Hendricks, 14.98% of households rent, and 55.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hendricks is $5,492 per month. Households that rent pay about 14.22% of their income on rent here. Hendricks’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Astoria, SD: higher priced homes
- Ivanhoe, MN: less expensive homes
- Wilno, MN: less expensive homes
- White, SD: higher priced homes
- Arco, MN: higher priced homes
- Toronto, SD: higher priced homes
- Lake Benton, MN: less expensive homes
- Bushnell, SD: higher priced homes
- Brandt, SD: higher priced homes
- Porter, MN: higher priced homes
Cities with Similar Populations
- Genesee, PA: equally priced homes
- Truro, IA: higher priced homes
- Trout Lake, WA: higher priced homes
- Tarrs, PA: less expensive homes
- Sudan, TX: less expensive homes
- Lake Michigan Beach, MI: higher priced homes
- Island Falls, ME: less expensive homes
- Intervale, NH: higher priced homes
- Humboldt, NE: less expensive homes
- Hennepin, IL: equally priced homes
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