Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the North Branch area can be challenging. Home prices in North Branch are now at a median cost of $242,741, lower than the Minnesota average of $269,934.
The average cost of rent is $1,041/mo in North Branch, primarily driven by the current value of real estate in the North Branch area. While nearly 29.63% of residents own their homes outright in North Branch, 13.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in North Branch is $7,253 per month. Households that rent pay about 14.36% of their income on rent here. North Branch's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Almelund, MN: higher priced homes
- Harris, MN: equally priced homes
- Sunrise, MN: higher priced homes
- Weber, MN: higher priced homes
- Stark, MN: higher priced homes
- Stacy, MN: equally priced homes
- Center City, MN: higher priced homes
- Lindstrom, MN: higher priced homes
- Chisago City, MN: higher priced homes
- Bodum, MN: less expensive homes
Cities with Similar Populations
- Butner, NC: less expensive homes
- Whitestown, IN: higher priced homes
- Western Springs, IL: higher priced homes
- Weddington, NC: higher priced homes
- Waupaca, WI: less expensive homes
- Carbondale, PA: less expensive homes
- Canutillo, TX: less expensive homes
- Campton Hills, IL: higher priced homes
- Callaway, FL: less expensive homes
- California, MD: higher priced homes
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