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Affordable
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These days, finding an affordable place to live in the Mahnomen area can be challenging. Home prices in Mahnomen are now at a median cost of $125,699, lower than the Minnesota average of $345,793.
The average cost of rent is $717/mo in Mahnomen, primarily driven by the current value of real estate in the Mahnomen area. In Mahnomen, 36.41% of households rent, and 56.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mahnomen is $4,555 per month. Households that rent pay about 15.74% of their income on rent here. Mahnomen’s most expensive areas are in the eastern 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
- Bejou, MN: higher priced homes
- Waubun, MN: higher priced homes
- Mahkonce, MN: higher priced homes
- Fossum, MN: equally priced homes
- Twin Valley, MN: equally priced homes
- Naytahwaush, MN: higher priced homes
- Flom, MN: higher priced homes
- Ogema, MN: higher priced homes
- White Earth, MN: higher priced homes
- Gary, MN: higher priced homes
Cities with Similar Populations
- Shelburn, IN: less expensive homes
- Linesville, PA: equally priced homes
- Littlerock, CA: higher priced homes
- Lone Rock, WI: higher priced homes
- Lynne, FL: less expensive homes
- Machias, ME: higher priced homes
- New Castle, VA: higher priced homes
- Nunda, NY: higher priced homes
- Owen, WI: higher priced homes
- Readfield, ME: higher priced homes
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