Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ormsby area can be challenging. Home prices in Ormsby are now at a median cost of $168,517, lower than the Minnesota average of $269,934.
The average cost of rent is $591/mo in Ormsby, primarily driven by the current value of real estate in the Ormsby area. While nearly 57.27% of residents own their homes outright in Ormsby, 11.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ormsby is $6,082 per month. Households that rent pay about 9.71% of their income on rent here. Ormsby's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Trimont, MN: less expensive homes
- Odin, MN: equally priced homes
- South Branch, MN: less expensive homes
- St. James, MN: less expensive homes
- Welcome, MN: less expensive homes
- Truman, MN: less expensive homes
- Butterfield, MN: less expensive homes
- Sherburn, MN: less expensive homes
- Northrop, MN: less expensive homes
- Lewisville, MN: less expensive homes
Cities with Similar Populations
- Millersville, OH: equally priced homes
- McCallum, MS: equally priced homes
- McKee, OR: higher priced homes
- McKinney, AR: less expensive homes
- Meadowbrook, WV: less expensive homes
- Meadowville, WV: less expensive homes
- Medina, ND: less expensive homes
- Melby, MN: higher priced homes
- Melrose, GA: less expensive homes
- Merwin, MO: less expensive homes
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