Expensive
Affordable
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These days, finding an affordable place to live in the Leonard area can be challenging. Home prices in Leonard are now at a median cost of $253,889, lower than the Minnesota average of $345,793.
The average cost of rent is $823/mo in Leonard, primarily driven by the current value of real estate in the Leonard area. In Leonard, 7.54% of households rent, and 52.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Leonard is $6,110 per month. Households that rent pay about 13.46% of their income on rent here. Leonard’s most expensive areas are in the northern 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
- Clearbrook, MN: less expensive homes
- Aure, MN: equally priced homes
- Debs, MN: equally priced homes
- Pinewood, MN: equally priced homes
- Shevlin, MN: less expensive homes
- Bagley, MN: less expensive homes
- Gonvick, MN: less expensive homes
- Ebro, MN: less expensive homes
- Puposky, MN: higher priced homes
- Little Rock, MN: less expensive homes
Cities with Similar Populations
- Fernwood, ID: higher priced homes
- Dunmor, KY: less expensive homes
- Dutzow, MO: higher priced homes
- Earleton, FL: less expensive homes
- East Beekmantown, NY: less expensive homes
- East Laport, NC: higher priced homes
- East Pocahontas, AR: less expensive homes
- East Unity, NH: higher priced homes
- East Williamson, NY: less expensive homes
- Des Arc, MO: less expensive homes
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