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These days, finding an affordable place to live in the Murdock area can be challenging. Home prices in Murdock are now at a median cost of $214,422, lower than the Minnesota average of $345,793.
The average cost of rent is $993/mo in Murdock, primarily driven by the current value of real estate in the Murdock area. In Murdock, 25.58% of households rent, and 53.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Murdock is $6,106 per month. Households that rent pay about 16.27% of their income on rent here. Murdock’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
- Kerkhoven, MN: less expensive homes
- DeGraff, MN: equally priced homes
- Benson, MN: less expensive homes
- Pennock, MN: higher priced homes
- Gluek, MN: higher priced homes
- Swift Falls, MN: higher priced homes
- Sunburg, MN: higher priced homes
- Raymond, MN: equally priced homes
- Clara City, MN: less expensive homes
- Clontarf, MN: higher priced homes
Cities with Similar Populations
- Templeville, MD: higher priced homes
- Fairview, MO: less expensive homes
- Fairwater, WI: equally priced homes
- Falling Water, TN: higher priced homes
- Fallston, NC: less expensive homes
- Farragut, IA: less expensive homes
- Fayette, IN: higher priced homes
- Steuben, ME: equally priced homes
- Tazlina, AK: higher priced homes
- Fairview, AL: equally priced homes
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