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These days, finding an affordable place to live in the Lenora area can be challenging. Home prices in Lenora are now at a median cost of $144,152, lower than the Minnesota average of $345,793.
The average cost of rent is $664/mo in Lenora, primarily driven by the current value of real estate in the Lenora area. In Lenora, 14.12% of households rent, and 40.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lenora is $5,364 per month. Households that rent pay about 12.38% of their income on rent here. Lenora’s most expensive areas are in the southeastern 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
- Canton, MN: higher priced homes
- Newburg, MN: higher priced homes
- Prosper, MN: higher priced homes
- Mabel, MN: equally priced homes
- Tawney, MN: higher priced homes
- Hesper, IA: higher priced homes
- Harmony, MN: higher priced homes
- Riceford, MN: higher priced homes
- Burr Oak, IA: higher priced homes
- Whalan, MN: higher priced homes
Cities with Similar Populations
- Schefield, ND: higher priced homes
- LaMoille, IA: higher priced homes
- Lamont, WI: higher priced homes
- Lanham, KS: less expensive homes
- Lasker, NC: less expensive homes
- Lincoln, KY: less expensive homes
- Linnsburg, IN: higher priced homes
- San Miguel, NM: higher priced homes
- Sandy Hill, TX: higher priced homes
- Sandy Land, AR: less expensive homes
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