Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Holmes City area can be challenging. Home prices in Holmes City are now at a median cost of $302,680, higher than the Minnesota average of $269,934.
The average cost of rent is $712/mo in Holmes City, primarily driven by the current value of real estate in the Holmes City area. While nearly 42.68% of residents own their homes outright in Holmes City, 3.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Holmes City is $6,870 per month. Households that rent pay about 10.37% of their income on rent here. Holmes City's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Farwell, MN: less expensive homes
- Kensington, MN: less expensive homes
- Lowry, MN: less expensive homes
- Garfield, MN: less expensive homes
- Alexandria, MN: less expensive homes
- Forada, MN: less expensive homes
- Brandon, MN: less expensive homes
- Hoffman, MN: less expensive homes
- Long Beach, MN: less expensive homes
- Evansville, MN: less expensive homes
Cities with Similar Populations
- Smyrna, NC: less expensive homes
- Hurstville, IA: less expensive homes
- Huttig, AR: less expensive homes
- Iliff, CO: less expensive homes
- Ingleside, WV: less expensive homes
- Kanesville, UT: higher priced homes
- Kelliher, MN: less expensive homes
- Scottsboro, GA: less expensive homes
- Shermansville, PA: less expensive homes
- Shishmaref, AK: less expensive homes
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