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Affordable
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These days, finding an affordable place to live in the McGregor area can be challenging. Home prices in McGregor are now at a median cost of $250,985, lower than the Minnesota average of $345,793.
The average cost of rent is $1,081/mo in McGregor, primarily driven by the current value of real estate in the McGregor area. In McGregor, 16.50% of households rent, and 57.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McGregor is $5,091 per month. Households that rent pay about 21.24% of their income on rent here. McGregor’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Minnewawa, MN: higher priced homes
- Sheshebee, MN: higher priced homes
- Tamarack, MN: equally priced homes
- Lawler, MN: less expensive homes
- Kimberly, MN: equally priced homes
- Palisade, MN: equally priced homes
- Wright, MN: equally priced homes
- Thor, MN: equally priced homes
- Hassman, MN: equally priced homes
- Rossburg, MN: higher priced homes
Cities with Similar Populations
- Rock Island, WA: higher priced homes
- Eaton Estates, OH: less expensive homes
- Edgewood, IN: less expensive homes
- Gillett, PA: less expensive homes
- Hoboken, AL: less expensive homes
- Spout Spring, VA: equally priced homes
- Shenandoah Junction, WV: higher priced homes
- Lone Pine, CA: equally priced homes
- Salley, SC: less expensive homes
- Salem, MI: higher priced homes
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