Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Nerstrand area can be challenging. Home prices in Nerstrand are now at a median cost of $303,446, higher than the Minnesota average of $269,934.
The average cost of rent is $1,517/mo in Nerstrand, primarily driven by the current value of real estate in the Nerstrand area. While nearly 39.92% of residents own their homes outright in Nerstrand, 8.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nerstrand is $8,449 per month. Households that rent pay about 17.96% of their income on rent here. Nerstrand's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Dennison, MN: equally priced homes
- Moland, MN: less expensive homes
- Kenyon, MN: less expensive homes
- Sogn, MN: equally priced homes
- Stanton, MN: higher priced homes
- Dundas, MN: equally priced homes
- Ruskin, MN: equally priced homes
- Northfield, MN: equally priced homes
- Prairieville, MN: less expensive homes
- Waterford, MN: higher priced homes
Cities with Similar Populations
- Waterloo, OR: less expensive homes
- Cleveland, SC: less expensive homes
- Coleman, FL: less expensive homes
- Columbia Cross Roads, PA: less expensive homes
- Cool Springs, NC: less expensive homes
- Cortland, NE: less expensive homes
- Cowley, WY: less expensive homes
- Crescent Heights, TX: less expensive homes
- Cygnet, OH: less expensive homes
- Dahlgren, VA: higher priced homes
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