Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hendrum area can be challenging. Home prices in Hendrum are now at a median cost of $95,403, lower than the Minnesota average of $269,934.
The average cost of rent is $769/mo in Hendrum, primarily driven by the current value of real estate in the Hendrum area. While nearly 53.93% of residents own their homes outright in Hendrum, 12.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hendrum is $5,181 per month. Households that rent pay about 14.84% of their income on rent here. Hendrum's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Perley, MN: higher priced homes
- Halstad, MN: higher priced homes
- Grandin, ND: higher priced homes
- Gardner, ND: higher priced homes
- Kelso, ND: higher priced homes
- Georgetown, MN: higher priced homes
- Shelly, MN: higher priced homes
- Ada, MN: higher priced homes
- Caledonia, ND: higher priced homes
- Borup, MN: higher priced homes
Cities with Similar Populations
- Sandtown, AR: equally priced homes
- Linden, FL: higher priced homes
- Linden, NY: higher priced homes
- Linwood, NE: higher priced homes
- Loretto, NE: higher priced homes
- Rosedale, WV: higher priced homes
- San Carlos, TX: higher priced homes
- San Geronimo, CA: higher priced homes
- Sanders Corner, SC: higher priced homes
- Lincoln, IN: higher priced homes
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