Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Prague area can be challenging. Home prices in New Prague are now at a median cost of $318,933, higher than the Minnesota average of $269,934.
The average cost of rent is $1,091/mo in New Prague, primarily driven by the current value of real estate in the New Prague area. While nearly 27.97% of residents own their homes outright in New Prague, 15.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Prague is $8,372 per month. Households that rent pay about 13.03% of their income on rent here. New Prague's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- St. Patrick, MN: equally priced homes
- Heidelberg, MN: equally priced homes
- Union Hill, MN: higher priced homes
- Veseli, MN: higher priced homes
- Lydia, MN: higher priced homes
- Montgomery, MN: less expensive homes
- Jordan, MN: equally priced homes
- Lonsdale, MN: less expensive homes
- Webster, MN: higher priced homes
- New Market, MN: higher priced homes
Cities with Similar Populations
- Tres Hermanos, PR: less expensive homes
- Delavan, WI: less expensive homes
- Delta, CO: less expensive homes
- Derby, CT: less expensive homes
- Dobbs Ferry, NY: higher priced homes
- Dowagiac, MI: less expensive homes
- Dunlap, IL: equally priced homes
- Dupont, WA: higher priced homes
- Erwin, TN: less expensive homes
- Essexville, MI: less expensive homes
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