
Affordable
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These days, finding an affordable place to live in the Leader area can be challenging. Home prices in Leader are now at a median cost of $237,085, lower than the Minnesota average of $345,793.
The average cost of rent is $1,160/mo in Leader, primarily driven by the current value of real estate in the Leader area. In Leader, 11.69% of households rent, and 42.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Leader is $5,766 per month. Households that rent pay about 20.12% of their income on rent here. Leader’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Staples, MN: less expensive homes
- Motley, MN: equally priced homes
- Lake Shore, MN: higher priced homes
- East Gull Lake, MN: higher priced homes
- Pillager, MN: higher priced homes
- Nimrod, MN: equally priced homes
- Woodrow, MN: equally priced homes
- Jenkins, MN: higher priced homes
- Nisswa, MN: higher priced homes
- Philbrook, MN: equally priced homes
Cities with Similar Populations
- Hellier, KY: less expensive homes
- Schultz, WV: less expensive homes
- San Jon, NM: less expensive homes
- Salt Hill, WV: less expensive homes
- Rutledge, MN: equally priced homes
- Kilbourne, IL: less expensive homes
- Katie, OK: less expensive homes
- Kake, AK: less expensive homes
- Homeside, OH: equally priced homes
- Holly, LA: equally priced homes
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