Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Minnesota area can be challenging. Home prices in Minnesota are now at a median cost of $90,596, lower than the Georgia average of $231,203.
The average cost of rent is $842/mo in Minnesota, primarily driven by the current value of real estate in the Minnesota area. While nearly 56.40% of residents own their homes outright in Minnesota, 36.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Minnesota is $5,024 per month. Households that rent pay about 16.75% of their income on rent here. Minnesota's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Doerun, GA: higher priced homes
- Sigsbee, GA: higher priced homes
- Ticknor, GA: equally priced homes
- Funston, GA: higher priced homes
- Schley, GA: equally priced homes
- New Elm, GA: higher priced homes
- Hartsfield, GA: equally priced homes
- Pebble City, GA: higher priced homes
- Pritchetts, GA: higher priced homes
- Sale City, GA: higher priced homes
Cities with Similar Populations
- Rural Hill, MS: equally priced homes
- McCutchens Crossroads, SC: less expensive homes
- McFarlan, NC: higher priced homes
- McGowan, KY: higher priced homes
- Mchenry, ND: higher priced homes
- Meads Creek, NY: higher priced homes
- Menard, IL: higher priced homes
- Millston, WI: higher priced homes
- Rossland City, AL: higher priced homes
- Rote, PA: higher priced homes
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