Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morton area can be challenging. Home prices in Morton are now at a median cost of $125,977, lower than the Minnesota average of $269,934.
The average cost of rent is $913/mo in Morton, primarily driven by the current value of real estate in the Morton area. While nearly 60.32% of residents own their homes outright in Morton, 10.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morton is $5,061 per month. Households that rent pay about 18.04% of their income on rent here. Morton's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- North Redwood, MN: equally priced homes
- Franklin, MN: less expensive homes
- Redwood Falls, MN: equally priced homes
- Gilfillan, MN: higher priced homes
- Bechyn, MN: higher priced homes
- Morgan, MN: less expensive homes
- Delhi, MN: higher priced homes
- Clements, MN: higher priced homes
- Fairfax, MN: less expensive homes
- Evan, MN: higher priced homes
Cities with Similar Populations
- Amargosa Valley, NV: less expensive homes
- Zorn, TX: higher priced homes
- Yawkey, WV: equally priced homes
- Yateston, TN: less expensive homes
- Wilson, MI: higher priced homes
- Vintondale, PA: less expensive homes
- Truro, MA: higher priced homes
- Dodge, NE: equally priced homes
- Bruceville-Eddy, TX: higher priced homes
- Boston, KY: higher priced homes
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