
Affordable
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These days, finding an affordable place to live in the Humboldt area can be challenging. Home prices in Humboldt are now at a median cost of $121,700, lower than the Minnesota average of $345,793.
The average cost of rent is $857/mo in Humboldt, primarily driven by the current value of real estate in the Humboldt area. In Humboldt, 10.91% of households rent, and 66.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Humboldt is $7,188 per month. Households that rent pay about 11.92% of their income on rent here. Humboldt’s most expensive areas are in the central 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
- St. Vincent, MN: equally priced homes
- Northcote, MN: equally priced homes
- Pembina, ND: higher priced homes
- Orleans, MN: equally priced homes
- Hallock, MN: higher priced homes
- Lancaster, MN: equally priced homes
- Mattson, MN: equally priced homes
- Bathgate, ND: less expensive homes
- Noyes, MN: equally priced homes
- Hamilton, ND: equally priced homes
Cities with Similar Populations
- Sawyer City, PA: less expensive homes
- McCormick, IL: higher priced homes
- McFadden, AR: less expensive homes
- McIntyre, OH: higher priced homes
- McKamie, AR: less expensive homes
- McMullen, AL: higher priced homes
- Sandberg, CA: higher priced homes
- Sandlake, OR: higher priced homes
- Sandy Hook, TN: higher priced homes
- Sangerfield, NY: higher priced homes
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