Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hibbing area can be challenging. Home prices in Hibbing are now at a median cost of $114,956, lower than the Minnesota average of $269,934.
The average cost of rent is $624/mo in Hibbing, primarily driven by the current value of real estate in the Hibbing area. While nearly 49.53% of residents own their homes outright in Hibbing, 24.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hibbing is $4,326 per month. Households that rent pay about 14.41% of their income on rent here. Hibbing's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Wilpen, MN: higher priced homes
- Chisholm, MN: equally priced homes
- Keewatin, MN: less expensive homes
- Lavinia, MN: less expensive homes
- Buhl, MN: higher priced homes
- Little Swan, MN: higher priced homes
- Kinney, MN: higher priced homes
- Silica, MN: higher priced homes
- Kelsey, MN: higher priced homes
- Iron, MN: higher priced homes
Cities with Similar Populations
- Grosse Pointe Woods, MI: higher priced homes
- Whitewater, WI: higher priced homes
- Whitman, MA: higher priced homes
- Wilmington, OH: higher priced homes
- Harper Woods, MI: less expensive homes
- Hampton, NH: higher priced homes
- Ham Lake, MN: higher priced homes
- Haddonfield, NJ: higher priced homes
- Guyton, GA: higher priced homes
- Guntersville, AL: higher priced homes
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