Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morris area can be challenging. Home prices in Morris are now at a median cost of $176,819, lower than the Minnesota average of $269,934.
The average cost of rent is $707/mo in Morris, primarily driven by the current value of real estate in the Morris area. While nearly 45.44% of residents own their homes outright in Morris, 38.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morris is $5,015 per month. Households that rent pay about 14.10% of their income on rent here. Morris's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Alberta, MN: less expensive homes
- Hancock, MN: less expensive homes
- Donnelly, MN: less expensive homes
- Cyrus, MN: equally priced homes
- Chokio, MN: less expensive homes
- Hoffman, MN: less expensive homes
- Starbuck, MN: equally priced homes
- Herman, MN: less expensive homes
- Kensington, MN: higher priced homes
- Clontarf, MN: less expensive homes
Cities with Similar Populations
- Hamptonville, NC: less expensive homes
- Green Knoll, NJ: higher priced homes
- Green Oaks, IL: higher priced homes
- Greenback, TN: higher priced homes
- Greensburg, KY: less expensive homes
- Grifton, NC: less expensive homes
- Groveland, MA: higher priced homes
- Guayama, PR: less expensive homes
- Gwinn, MI: less expensive homes
- Hadley, MA: higher priced homes
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