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These days, finding an affordable place to live in the Northwood area can be challenging. Home prices in Northwood are now at a median cost of $233,589, lower than the North Dakota average of $273,535.
The average cost of rent is $646/mo in Northwood, primarily driven by the current value of real estate in the Northwood area. In Northwood, 24.57% of households rent, and 41.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Northwood is $7,076 per month. Households that rent pay about 9.13% of their income on rent here. Northwood’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hatton, ND: less expensive homes
- Larimore, ND: equally priced homes
- Arvilla, ND: higher priced homes
- Sharon, ND: less expensive homes
- Emerado, ND: higher priced homes
- Grand Forks Afb, ND: less expensive homes
- McCanna, ND: less expensive homes
- Aneta, ND: less expensive homes
- Portland, ND: equally priced homes
- Finley, ND: less expensive homes
Cities with Similar Populations
- Goessel, KS: less expensive homes
- Hilltop Lakes, TX: higher priced homes
- Heflin, LA: less expensive homes
- Hebron, ME: equally priced homes
- Hagan, GA: less expensive homes
- Guysville, OH: less expensive homes
- Guy, AR: equally priced homes
- Greensboro, PA: less expensive homes
- Greenfield, MN: higher priced homes
- Green Valley, IL: less expensive homes
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