Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Moorhead area can be challenging. Home prices in Moorhead are now at a median cost of $217,183, lower than the Minnesota average of $269,934.
The average cost of rent is $927/mo in Moorhead, primarily driven by the current value of real estate in the Moorhead area. While nearly 27.27% of residents own their homes outright in Moorhead, 38.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Moorhead is $5,812 per month. Households that rent pay about 15.94% of their income on rent here. Moorhead's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Dilworth, MN: higher priced homes
- Fargo, ND: higher priced homes
- Prairie Rose, ND: higher priced homes
- Frontier, ND: higher priced homes
- West Fargo, ND: higher priced homes
- Reiles Acres, ND: higher priced homes
- Sabin, MN: equally priced homes
- North River, ND: higher priced homes
- Wild Rice, ND: higher priced homes
- Glyndon, MN: equally priced homes
Cities with Similar Populations
- West Seneca, NY: less expensive homes
- Post Falls, ID: higher priced homes
- Arlington, WA: higher priced homes
- Prairieville, LA: higher priced homes
- Seguin, TX: less expensive homes
- Thomasville, NC: less expensive homes
- Toa Alta, PR: less expensive homes
- University, FL: equally priced homes
- Gadsden, AL: less expensive homes
- Valrico, FL: higher priced homes
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