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Affordable
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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 $219,942, lower than the Minnesota average of $345,793.
The average cost of rent is $942/mo in Morris, primarily driven by the current value of real estate in the Morris area. In Morris, 45.82% of households rent, and 40.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morris is $5,803 per month. Households that rent pay about 16.23% of their income on rent here. Morris’s most expensive areas are in the northeastern 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.
Nearby Cities
- Alberta, MN: less expensive homes
- Hancock, MN: less expensive homes
- Donnelly, MN: equally priced 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: higher priced 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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