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Affordable
Average
Expensive
These days, finding an affordable place to live in the Moscow area can be challenging. Home prices in Moscow are now at a median cost of $166,973, lower than the Minnesota average of $269,934.
The average cost of rent is $613/mo in Moscow, primarily driven by the current value of real estate in the Moscow area. While nearly 46.13% of residents own their homes outright in Moscow, 7.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Moscow is $7,354 per month. Households that rent pay about 8.34% of their income on rent here. Moscow's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
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