Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Northfield area can be challenging. Home prices in Northfield are now at a median cost of $277,326, higher than the Minnesota average of $269,934.
The average cost of rent is $946/mo in Northfield, primarily driven by the current value of real estate in the Northfield area. While nearly 37.65% of residents own their homes outright in Northfield, 23.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Northfield is $6,694 per month. Households that rent pay about 14.14% of their income on rent here. Northfield's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Dundas, MN: equally priced homes
- Waterford, MN: higher priced homes
- Stanton, MN: higher priced homes
- Castle Rock, MN: higher priced homes
- Little Chicago, MN: higher priced homes
- Millersburg, MN: higher priced homes
- Nerstrand, MN: higher priced homes
- Dennison, MN: equally priced homes
- Randolph, MN: higher priced homes
- Elko New Market, MN: higher priced homes
Cities with Similar Populations
- Carencro, LA: less expensive homes
- Vincennes, IN: less expensive homes
- Vienna, VA: higher priced homes
- Vidor, TX: less expensive homes
- Versailles, KY: less expensive homes
- Centralia, WA: less expensive homes
- Centerville, OH: less expensive homes
- Catano, PR: less expensive homes
- Cary, IL: equally priced homes
- Carney, MD: equally priced homes
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