Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Madelia area can be challenging. Home prices in Madelia are now at a median cost of $131,694, lower than the Minnesota average of $269,934.
The average cost of rent is $667/mo in Madelia, primarily driven by the current value of real estate in the Madelia area. While nearly 43.29% of residents own their homes outright in Madelia, 25.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Madelia is $5,591 per month. Households that rent pay about 11.93% of their income on rent here. Madelia's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Grogan, MN: higher priced homes
- Hanska, MN: equally priced homes
- La Salle, MN: higher priced homes
- Lewisville, MN: less expensive homes
- Lake Crystal, MN: higher priced homes
- Garden City, MN: higher priced homes
- St. James, MN: less expensive homes
- Vernon Center, MN: equally priced homes
- Godahl, MN: higher priced homes
- South Branch, MN: less expensive homes
Cities with Similar Populations
- Belmond, IA: less expensive homes
- Bourbon, IN: higher priced homes
- Aviston, IL: higher priced homes
- Warsaw, OH: equally priced homes
- Chichester, NH: higher priced homes
- Collinsville, CT: higher priced homes
- Villa Grove, IL: less expensive homes
- Dakota City, NE: higher priced homes
- Valley Home, CA: higher priced homes
- Hansen, ID: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood