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Affordable
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These days, finding an affordable place to live in the Island View area can be challenging. Home prices in Island View are now at a median cost of $346,520, higher than the Minnesota average of $345,793.
The average cost of rent is $697/mo in Island View, primarily driven by the current value of real estate in the Island View area. In Island View, 5.73% of households rent, and 63.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Island View is $6,996 per month. Households that rent pay about 9.96% of their income on rent here. Island View’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ranier, MN: less expensive homes
- Jameson, MN: less expensive homes
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Cities with Similar Populations
- Labette, KS: less expensive homes
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- Withams, VA: less expensive homes
- Winton, WA: higher priced homes
- Kumukumu, HI: higher priced homes
- Winterthur, DE: higher priced homes
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