Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newfolden area can be challenging. Home prices in Newfolden are now at a median cost of $155,831, lower than the Minnesota average of $269,934.
The average cost of rent is $665/mo in Newfolden, primarily driven by the current value of real estate in the Newfolden area. While nearly 52.51% of residents own their homes outright in Newfolden, 11.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newfolden is $5,599 per month. Households that rent pay about 11.87% of their income on rent here. Newfolden's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Holt, MN: less expensive homes
- Middle River, MN: less expensive homes
- Viking, MN: equally priced homes
- Strandquist, MN: less expensive homes
- Florian, MN: less expensive homes
- Thief River Falls, MN: equally priced homes
- Karlstad, MN: less expensive homes
- Strathcona, MN: less expensive homes
- St. Hilaire, MN: higher priced homes
- Warren, MN: less expensive homes
Cities with Similar Populations
- Jerusalem, GA: higher priced homes
- Sigel, IL: less expensive homes
- New Park, PA: higher priced homes
- Mount Hope, OH: higher priced homes
- Mount Crested Butte, CO: higher priced homes
- Mound City, MO: less expensive homes
- Morrisonville, IL: less expensive homes
- Milton, TN: higher priced homes
- McGregor, IA: equally priced homes
- Longbranch, WA: higher priced homes
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