The Most Affordable Neighborhoods in Imogene, MN by Home Value

 

Imogene, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Imogene area can be challenging. Home prices in Imogene are now at a median cost of $190,036, lower than the Minnesota average of $269,934.

The average cost of rent is $705/mo in Imogene, primarily driven by the current value of real estate in the Imogene area. While nearly 55.17% of residents own their homes outright in Imogene, 14.71% rent.

Housing affordability isn’t just about home prices, though. The average household income in Imogene is $6,070 per month. Households that rent pay about 11.62% of their income on rent here. Imogene's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.


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