The Most Affordable Neighborhoods in Morrison County, MN by Home Value

 

Morrison County, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Morrison County area can be challenging. Home prices in Morrison County are now at a median cost of $195,187, lower than the Minnesota average of $269,934.

The average cost of rent is $844/mo in Morrison County, primarily driven by the current value of real estate in the Morrison County area. While nearly 41.77% of residents own their homes outright in Morrison County, 18.87% rent.

Housing affordability isn’t just about home prices, though. The average household income in Morrison County is $5,302 per month. Households that rent pay about 15.92% of their income on rent here. Morrison County's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the county.


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