Home Price Key
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These days, finding an affordable place to live in the Luxemburg area can be challenging. Home prices in Luxemburg are now at a median cost of $320,949, higher than the Minnesota average of $269,934.
The average cost of rent is $733/mo in Luxemburg, primarily driven by the current value of real estate in the Luxemburg area. While nearly 38.39% of residents own their homes outright in Luxemburg, 5.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Luxemburg is $9,851 per month. Households that rent pay about 7.44% of their income on rent here. Luxemburg's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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