Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Manchester area can be challenging. Home prices in Manchester are now at a median cost of $175,461, lower than the Minnesota average of $269,934.
The average cost of rent is $647/mo in Manchester, primarily driven by the current value of real estate in the Manchester area. While nearly 36.21% of residents own their homes outright in Manchester, 16.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Manchester is $5,911 per month. Households that rent pay about 10.95% of their income on rent here. Manchester's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Hartland, MN: equally priced homes
- Freeborn, MN: less expensive homes
- Clarks Grove, MN: equally priced homes
- Bancroft, MN: equally priced homes
- Alden, MN: less expensive homes
- Armstrong, MN: less expensive homes
- Albert Lea, MN: less expensive homes
- Oakland, MN: less expensive homes
- New Richland, MN: equally priced homes
- Conger, MN: equally priced homes
Cities with Similar Populations
- Underhill, WI: less expensive homes
- Crouch, ID: higher priced homes
- Crystal Dale, NY: less expensive homes
- Crystal, ND: less expensive homes
- Currie, TN: less expensive homes
- Cypress, TN: less expensive homes
- Cyrene, MO: less expensive homes
- Dalesburg, SD: higher priced homes
- Dalton, TX: less expensive homes
- Tylor Mill, KY: less expensive homes
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