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These days, finding an affordable place to live in the Henning area can be challenging. Home prices in Henning are now at a median cost of $257,702, lower than the Minnesota average of $345,793.
The average cost of rent is $1,037/mo in Henning, primarily driven by the current value of real estate in the Henning area. In Henning, 20.73% of households rent, and 45.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Henning is $5,701 per month. Households that rent pay about 18.19% of their income on rent here. Henning’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Vining, MN: higher priced homes
- Deer Creek, MN: equally priced homes
- Heinola, MN: higher priced homes
- Clitherall, MN: higher priced homes
- Ottertail, MN: higher priced homes
- Urbank, MN: higher priced homes
- Parkers Prairie, MN: less expensive homes
- Battle Lake, MN: higher priced homes
- Wrightstown, MN: less expensive homes
- Bluffton, MN: equally priced homes
Cities with Similar Populations
- Bagdad, AZ: less expensive homes
- Whitelaw, WI: less expensive homes
- Belington, WV: less expensive homes
- Cairo Bend, TN: higher priced homes
- Chateaugay, NY: less expensive homes
- Pine Ridge, SC: less expensive homes
- Sebeka, MN: less expensive homes
- Seabrook Island, SC: higher priced homes
- Scio, OH: less expensive homes
- Salvisa, KY: equally priced homes
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