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These days, finding an affordable place to live in the Mansfield area can be challenging. Home prices in Mansfield are now at a median cost of $138,385, lower than the Minnesota average of $345,793.
The average cost of rent is $849/mo in Mansfield, primarily driven by the current value of real estate in the Mansfield area. In Mansfield, 14.16% of households rent, and 52.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mansfield is $5,709 per month. Households that rent pay about 14.86% of their income on rent here. Mansfield’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Conger, MN: higher priced homes
- Walters, MN: higher priced homes
- Kiester, MN: less expensive homes
- Emmons, MN: equally priced homes
- Armstrong, MN: higher priced homes
- Scarville, IA: higher priced homes
- Alden, MN: higher priced homes
- Twin Lakes, MN: higher priced homes
- Bricelyn, MN: less expensive homes
- Lake Mills, IA: higher priced homes
Cities with Similar Populations
- Tymochtee, OH: less expensive homes
- Clunette, IN: higher priced homes
- Coalridge, WV: equally priced homes
- Cohansey, NJ: higher priced homes
- Conde, SD: less expensive homes
- Cornstalk, WV: less expensive homes
- Covington, MI: equally priced homes
- Cranberry Lake, NY: less expensive homes
- Todds Crossroads, NC: equally priced homes
- Trent, KY: less expensive homes
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