The Most Affordable Neighborhoods in Koochiching County, MN by Home Value

 

Koochiching County, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Koochiching County area can be challenging. Home prices in Koochiching County are now at a median cost of $150,842, lower than the Minnesota average of $269,934.

The average cost of rent is $818/mo in Koochiching County, primarily driven by the current value of real estate in the Koochiching County area. While nearly 44.10% of residents own their homes outright in Koochiching County, 16.97% rent.

Housing affordability isn’t just about home prices, though. The average household income in Koochiching County is $4,899 per month. Households that rent pay about 16.69% of their income on rent here. Koochiching County's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the county.


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