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These days, finding an affordable place to live in the Little Falls area can be challenging. Home prices in Little Falls are now at a median cost of $183,027, lower than the Minnesota average of $269,934.
The average cost of rent is $913/mo in Little Falls, primarily driven by the current value of real estate in the Little Falls area. While nearly 41.22% of residents own their homes outright in Little Falls, 24.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Little Falls is $4,816 per month. Households that rent pay about 18.96% of their income on rent here. Little Falls's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Darling, MN: higher priced homes
- Sobieski, MN: higher priced homes
- Flensburg, MN: higher priced homes
- Freedhem, MN: higher priced homes
- Buckman, MN: higher priced homes
- Randall, MN: equally priced homes
- Royalton, MN: higher priced homes
- Bowlus, MN: higher priced homes
- North Prairie, MN: higher priced homes
- Elmdale, MN: higher priced homes
Cities with Similar Populations
- Hillsdale, MI: less expensive homes
- Kendall Park, NJ: higher priced homes
- Jewett City, CT: higher priced homes
- Jennings, MO: less expensive homes
- Jefferson City, TN: equally priced homes
- Ipswich, MA: higher priced homes
- Inwood, WV: equally priced homes
- Hopkins, SC: less expensive homes
- Homosassa Springs, FL: less expensive homes
- Holly Springs, MS: less expensive homes
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