Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Minnesota City area can be challenging. Home prices in Minnesota City are now at a median cost of $179,333, lower than the Minnesota average of $269,934.
The average cost of rent is $743/mo in Minnesota City, primarily driven by the current value of real estate in the Minnesota City area. While nearly 45.34% of residents own their homes outright in Minnesota City, 33.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Minnesota City is $4,825 per month. Households that rent pay about 15.40% of their income on rent here. Minnesota City's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Goodview, MN: equally priced homes
- Stockton, MN: higher priced homes
- Rollingstone, MN: higher priced homes
- Winona, MN: equally priced homes
- Fountain City, WI: equally priced homes
- Wilson, MN: higher priced homes
- Bethany, MN: higher priced homes
- Marshland, WI: equally priced homes
- Oakridge, MN: higher priced homes
- Czechville, WI: equally priced homes
Cities with Similar Populations
- West Point, CA: higher priced homes
- Exeter, MO: less expensive homes
- Fort Polk North, LA: less expensive homes
- Fosters, AL: higher priced homes
- Glendale, KY: higher priced homes
- Grasston, MN: higher priced homes
- Hardee Cross Roads, NC: equally priced homes
- Lewiston, MN: equally priced homes
- Valleyford, WA: higher priced homes
- Waddington, NY: less expensive homes
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