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Affordable
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These days, finding an affordable place to live in the Kennedy area can be challenging. Home prices in Kennedy are now at a median cost of $121,700, lower than the Minnesota average of $345,793.
The average cost of rent is $857/mo in Kennedy, primarily driven by the current value of real estate in the Kennedy area. In Kennedy, 10.91% of households rent, and 66.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kennedy is $7,188 per month. Households that rent pay about 11.92% of their income on rent here. Kennedy’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Donaldson, MN: equally priced homes
- Mattson, MN: equally priced homes
- Hallock, MN: higher priced homes
- Noyes, MN: equally priced homes
- Robbin, MN: equally priced homes
- Lake Bronson, MN: higher priced homes
- Stephen, MN: less expensive homes
- Halma, MN: higher priced homes
- Drayton, ND: less expensive homes
- Northcote, MN: equally priced homes
Cities with Similar Populations
- Blackstone, IL: higher priced homes
- Avery Island, LA: equally priced homes
- Avon, MO: higher priced homes
- Avon, MS: less expensive homes
- Axtell, UT: higher priced homes
- Azalia, MI: higher priced homes
- Banks, AR: less expensive homes
- Barree, PA: higher priced homes
- Beckwith, WV: equally priced homes
- Beechwood, MI: higher priced homes
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