Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Northrop area can be challenging. Home prices in Northrop are now at a median cost of $144,724, lower than the Minnesota average of $269,934.
The average cost of rent is $664/mo in Northrop, primarily driven by the current value of real estate in the Northrop area. While nearly 52.53% of residents own their homes outright in Northrop, 11.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Northrop is $5,188 per month. Households that rent pay about 12.79% of their income on rent here. Northrop's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Granada, MN: equally priced homes
- Truman, MN: less expensive homes
- Fairmont, MN: equally priced homes
- Imogene, MN: higher priced homes
- Welcome, MN: less expensive homes
- Huntley, MN: equally priced homes
- South Branch, MN: less expensive homes
- Willow Creek, MN: equally priced homes
- Guckeen, MN: higher priced homes
- Wilbert, MN: higher priced homes
Cities with Similar Populations
- Ray, MN: higher priced homes
- Powhatan, LA: higher priced homes
- Poynor, MO: less expensive homes
- Prairie Creek, IN: higher priced homes
- Prairieville, TX: higher priced homes
- Pratts, AL: less expensive homes
- Princeton, MI: higher priced homes
- Prospect, NY: equally priced homes
- Pumpkintown, TN: less expensive homes
- Purves, TX: equally priced homes
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