Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hugo area can be challenging. Home prices in Hugo are now at a median cost of $305,556, higher than the Minnesota average of $269,934.
The average cost of rent is $1,633/mo in Hugo, primarily driven by the current value of real estate in the Hugo area. While nearly 27.25% of residents own their homes outright in Hugo, 9.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hugo is $8,615 per month. Households that rent pay about 18.95% of their income on rent here. Hugo's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Centerville, MN: equally priced homes
- Dellwood, MN: higher priced homes
- Lino Lakes, MN: equally priced homes
- Grant, MN: higher priced homes
- North Oaks, MN: higher priced homes
- White Bear Lake, MN: less expensive homes
- Birchwood Village, MN: higher priced homes
- Forest Lake, MN: equally priced homes
- Mahtomedi, MN: higher priced homes
- Gem Lake, MN: equally priced homes
Cities with Similar Populations
- Vineyard, UT: higher priced homes
- Duxbury, MA: higher priced homes
- East Aurora, NY: less expensive homes
- East Highland Park, VA: less expensive homes
- East Longmeadow, MA: equally priced homes
- Wimauma, FL: less expensive homes
- Eatonton, GA: less expensive homes
- Edgewater, NJ: higher priced homes
- Ellenton, FL: less expensive homes
- Waterloo, IL: less expensive homes
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