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These days, finding an affordable place to live in the Kelsey area can be challenging. Home prices in Kelsey are now at a median cost of $220,736, lower than the Minnesota average of $345,793.
The average cost of rent is $968/mo in Kelsey, primarily driven by the current value of real estate in the Kelsey area. In Kelsey, 6.10% of households rent, and 49.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kelsey is $7,869 per month. Households that rent pay about 12.30% of their income on rent here. Kelsey’s most expensive areas are in the northwestern 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
- Little Swan, MN: less expensive homes
- Toivola, MN: less expensive homes
- Silica, MN: equally priced homes
- Forbes, MN: less expensive homes
- Meadowlands, MN: less expensive homes
- Hibbing, MN: less expensive homes
- Zim, MN: less expensive homes
- Goodland, MN: equally priced homes
- Wilpen, MN: equally priced homes
- Wawina, MN: equally priced homes
Cities with Similar Populations
- Browns, AL: less expensive homes
- Stouchsburg, PA: higher priced homes
- Stover, SC: less expensive homes
- Strandburg, SD: less expensive homes
- Strauss, KS: less expensive homes
- Strawberry, AZ: higher priced homes
- Loch Lomond, CA: higher priced homes
- Airmont, VA: higher priced homes
- Bynum, MT: higher priced homes
- Buffalo Springs, ND: less expensive homes
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