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These days, finding an affordable place to live in the Northome area can be challenging. Home prices in Northome are now at a median cost of $192,215, lower than the Minnesota average of $345,793.
The average cost of rent is $798/mo in Northome, primarily driven by the current value of real estate in the Northome area. In Northome, 8.55% of households rent, and 55.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Northome is $5,343 per month. Households that rent pay about 14.93% of their income on rent here. Northome’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mizpah, MN: less expensive homes
- Shooks, MN: equally priced homes
- Dora Lake, MN: higher priced homes
- Funkley, MN: equally priced homes
- Gemmell, MN: less expensive homes
- Wildwood, MN: equally priced homes
- Kelliher, MN: equally priced homes
- Squaw Lake, MN: higher priced homes
- Blackduck, MN: equally priced homes
- Max, MN: higher priced homes
Cities with Similar Populations
- Power, MT: higher priced homes
- Nicolville, MN: equally priced homes
- Nininger, MN: higher priced homes
- North Arms, MI: higher priced homes
- North Fairfax, VT: higher priced homes
- North Miami, OK: less expensive homes
- Norway Grove, WI: higher priced homes
- Portia, AR: less expensive homes
- Pottersville, NY: higher priced homes
- Potterville, GA: less expensive homes
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