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Affordable
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These days, finding an affordable place to live in the Jasper area can be challenging. Home prices in Jasper are now at a median cost of $133,532, lower than the Minnesota average of $345,793.
The average cost of rent is $727/mo in Jasper, primarily driven by the current value of real estate in the Jasper area. In Jasper, 11.23% of households rent, and 54.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jasper is $5,551 per month. Households that rent pay about 13.09% of their income on rent here. Jasper’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ihlen, MN: higher priced homes
- Trosky, MN: higher priced homes
- Sherman, SD: higher priced homes
- Hardwick, MN: higher priced homes
- Garretson, SD: higher priced homes
- Pipestone, MN: higher priced homes
- Hatfield, MN: higher priced homes
- Trent, SD: higher priced homes
- Edgerton, MN: higher priced homes
- Beaver Creek, MN: higher priced homes
Cities with Similar Populations
- Olathia, MO: higher priced homes
- Prattville, OK: higher priced homes
- Plainview, AR: less expensive homes
- Palo Verde, AZ: higher priced homes
- Otis, MA: higher priced homes
- Osage, MN: higher priced homes
- Orin, WY: higher priced homes
- Orbisonia, PA: higher priced homes
- Onida, SD: higher priced homes
- Presque Isle, WI: higher priced homes
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