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Affordable
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These days, finding an affordable place to live in the Nisswa area can be challenging. Home prices in Nisswa are now at a median cost of $464,267, higher than the Minnesota average of $345,793.
The average cost of rent is $993/mo in Nisswa, primarily driven by the current value of real estate in the Nisswa area. In Nisswa, 6.17% of households rent, and 40.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nisswa is $7,926 per month. Households that rent pay about 12.53% of their income on rent here. Nisswa’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lake Shore, MN: equally priced homes
- Lake Hubert, MN: less expensive homes
- Pequot Lakes, MN: less expensive homes
- Breezy Point, MN: less expensive homes
- East Gull Lake, MN: equally priced homes
- Merrifield, MN: less expensive homes
- Jenkins, MN: less expensive homes
- Riverton, MN: less expensive homes
- Baxter, MN: less expensive homes
- Brainerd, MN: less expensive homes
Cities with Similar Populations
- Beale Afb, CA: higher priced homes
- Hackberry, TX: equally priced homes
- Wynnewood, OK: less expensive homes
- Hazen, ND: less expensive homes
- Kahuku, HI: higher priced homes
- Kechi, KS: less expensive homes
- Kenansville, NC: less expensive homes
- Kenhorst, PA: less expensive homes
- La Luz, NM: less expensive homes
- Lavalette, WV: less expensive homes
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