Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Murray County area can be challenging. Home prices in Murray County are now at a median cost of $186,161, lower than the Minnesota average of $345,793.
The average cost of rent is $832/mo in Murray County, primarily driven by the current value of real estate in the Murray County area. In Murray County, 17.76% of households rent, and 54.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Murray County is $6,079 per month. Households that rent pay about 13.69% of their income on rent here. Murray County’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Pipestone County, MN: less expensive homes
- Cottonwood County, MN: less expensive homes
- Moody County, SD: higher priced homes
- Watonwan County, MN: less expensive homes
- Lake County, SD: higher priced homes
- Miner County, SD: equally priced homes
- Waseca County, MN: higher priced homes
- Sanborn County, SD: less expensive homes
- Steele County, MN: higher priced homes
- Jerauld County, SD: less expensive homes
Counties with Similar Populations
- Colfax County, NE: equally priced homes
- Tipton County, IN: equally priced homes
- Tillman County, OK: less expensive homes
- Cottonwood County, MN: less expensive homes
- Corson County, SD: less expensive homes
- Copper River Census Area, AK: higher priced homes
- Cooper County, MO: equally priced homes
- Concho County, TX: less expensive homes
- Comanche County, KS: less expensive homes
- Colonial Heights City, VA: higher priced homes
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