Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Myrtle area can be challenging. Home prices in Myrtle are now at a median cost of $163,588, lower than the Minnesota average of $269,934.
The average cost of rent is $932/mo in Myrtle, primarily driven by the current value of real estate in the Myrtle area. While nearly 53.60% of residents own their homes outright in Myrtle, 14.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in Myrtle is $6,049 per month. Households that rent pay about 15.42% of their income on rent here. Myrtle's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Glenville, MN: less expensive homes
- London, MN: equally priced homes
- Hayward, MN: equally priced homes
- Petran, MN: equally priced homes
- Northwood, IA: less expensive homes
- Moscow, MN: equally priced homes
- Austin Acres, MN: less expensive homes
- Oakland, MN: equally priced homes
- Silver Lake, IA: less expensive homes
- Albert Lea, MN: less expensive homes
Cities with Similar Populations
- Talmage, UT: higher priced homes
- Trail, MN: equally priced homes
- Trade City, PA: less expensive homes
- Tonti, IL: less expensive homes
- Toms Creek, GA: less expensive homes
- Tofte, MN: higher priced homes
- Tinaja, NM: less expensive homes
- Tilford, SD: higher priced homes
- Tiffany, CO: higher priced homes
- Thompson Ridge, NY: higher priced homes
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