Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Auburn area can be challenging. Home prices in New Auburn are now at a median cost of $163,814, lower than the Minnesota average of $269,934.
The average cost of rent is $666/mo in New Auburn, primarily driven by the current value of real estate in the New Auburn area. While nearly 39.39% of residents own their homes outright in New Auburn, 19.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Auburn is $5,307 per month. Households that rent pay about 12.55% of their income on rent here. New Auburn's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Brownton, MN: equally priced homes
- Gaylord, MN: equally priced homes
- Glencoe, MN: higher priced homes
- Arlington, MN: equally priced homes
- Biscay, MN: higher priced homes
- Winthrop, MN: less expensive homes
- New Rome, MN: higher priced homes
- Plato, MN: higher priced homes
- Green Isle, MN: higher priced homes
- Stewart, MN: equally priced homes
Cities with Similar Populations
- Finley, TN: less expensive homes
- Brownsdale, MN: less expensive homes
- Brumley, MO: equally priced homes
- Burke, TX: less expensive homes
- Burnham, ME: less expensive homes
- Woodstock, OH: higher priced homes
- Cairo, OH: less expensive homes
- Woodside, UT: less expensive homes
- Calypso, NC: less expensive homes
- Canistota, SD: equally priced homes
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