Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Olivia area can be challenging. Home prices in Olivia are now at a median cost of $135,401, lower than the Minnesota average of $269,934.
The average cost of rent is $747/mo in Olivia, primarily driven by the current value of real estate in the Olivia area. While nearly 56.03% of residents own their homes outright in Olivia, 36.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Olivia is $4,480 per month. Households that rent pay about 16.68% of their income on rent here. Olivia's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Bird Island, MN: less expensive homes
- Danube, MN: higher priced homes
- Bechyn, MN: higher priced homes
- Renville, MN: less expensive homes
- Blomkest, MN: higher priced homes
- Roseland, MN: higher priced homes
- Hector, MN: less expensive homes
- Lake Lillian, MN: higher priced homes
- Prinsburg, MN: higher priced homes
- Morton, MN: equally priced homes
Cities with Similar Populations
- Butler, AL: less expensive homes
- Thomaston, NY: higher priced homes
- Toomsuba, MS: less expensive homes
- East Canton, OH: less expensive homes
- Davisboro, GA: less expensive homes
- Cumberland, VA: higher priced homes
- Cresco, PA: higher priced homes
- Craigsville, VA: higher priced homes
- Cobden, IL: equally priced homes
- Chiloquin, OR: higher priced homes
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