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These days, finding an affordable place to live in the Kanaranzi area can be challenging. Home prices in Kanaranzi are now at a median cost of $254,668, lower than the Minnesota average of $345,793.
The average cost of rent is $722/mo in Kanaranzi, primarily driven by the current value of real estate in the Kanaranzi area. In Kanaranzi, 14.36% of households rent, and 54.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kanaranzi is $6,248 per month. Households that rent pay about 11.55% of their income on rent here. Kanaranzi’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Magnolia, MN: equally priced homes
- Ellsworth, MN: less expensive homes
- Steen, MN: equally priced homes
- Luverne, MN: less expensive homes
- Adrian, MN: less expensive homes
- Rock Rapids, IA: equally priced homes
- Hills, MN: less expensive homes
- Beaver Creek, MN: equally priced homes
- Kenneth, MN: less expensive homes
- Lester, IA: higher priced homes
Cities with Similar Populations
- Chokoloskee, FL: less expensive homes
- Walton Furnace, VA: equally priced homes
- Walthall, MS: less expensive homes
- Wallaceville, PA: less expensive homes
- Vining, MN: higher priced homes
- Victory Lakes, NJ: equally priced homes
- Varney, WV: less expensive homes
- Upshaw, VA: higher priced homes
- Unionville, LA: equally priced homes
- Union City, MO: equally priced homes
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