The Most Affordable Neighborhoods in Meire Grove, MN by Home Value

 

Meire Grove, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Meire Grove area can be challenging. Home prices in Meire Grove are now at a median cost of $260,000, lower than the Minnesota average of $345,793.

The average cost of rent is $1,332/mo in Meire Grove, primarily driven by the current value of real estate in the Meire Grove area. In Meire Grove, 19.92% of households rent, and 48.15% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Meire Grove is $5,754 per month. Households that rent pay about 23.15% of their income on rent here. Meire Grove’s most expensive areas are in the central 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.


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