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Affordable
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These days, finding an affordable place to live in the Hubbard area can be challenging. Home prices in Hubbard are now at a median cost of $258,431, lower than the Minnesota average of $345,793.
The average cost of rent is $1,012/mo in Hubbard, primarily driven by the current value of real estate in the Hubbard area. In Hubbard, 14.86% of households rent, and 42.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hubbard is $6,416 per month. Households that rent pay about 15.77% of their income on rent here. Hubbard’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Menahga, MN: less expensive homes
- Midway, MN: less expensive homes
- Park Rapids, MN: higher priced homes
- Dorset, MN: higher priced homes
- Nevis, MN: higher priced homes
- Osage, MN: equally priced homes
- Wolf Lake, MN: less expensive homes
- Hillview, MN: equally priced homes
- Sebeka, MN: less expensive homes
- Nimrod, MN: less expensive homes
Cities with Similar Populations
- Goshen, UT: higher priced homes
- Sandhill, MS: equally priced homes
- Sanders, KY: less expensive homes
- Houlka, MS: less expensive homes
- Hickory, PA: higher priced homes
- Hemingford, NE: less expensive homes
- Hankamer, TX: equally priced homes
- Hampden-Sydney, VA: less expensive homes
- Gwinner, ND: less expensive homes
- Grandview, TN: equally priced homes
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