
Home Price Key
These days, finding an affordable place to live in the Orono area can be challenging. Home prices in Orono are now at a median cost of $661,394, higher than the Minnesota average of $269,934.
The average cost of rent is $1,284/mo in Orono, primarily driven by the current value of real estate in the Orono area. While nearly 25.11% of residents own their homes outright in Orono, 6.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in Orono is $12,877 per month. Households that rent pay about 9.97% of their income on rent here. Orono's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Minnetonka Beach, MN: higher priced homes
- Long Lake, MN: less expensive homes
- Spring Park, MN: less expensive homes
- Mound, MN: less expensive homes
- Tonka Bay, MN: equally priced homes
- Maple Plain, MN: less expensive homes
- Woodland, MN: higher priced homes
- Wayzata, MN: equally priced homes
- Deephaven, MN: higher priced homes
- Greenwood, MN: higher priced homes
Cities with Similar Populations
- Salyersville, KY: less expensive homes
- Livingston, LA: less expensive homes
- Livingston, TN: less expensive homes
- Lochbuie, CO: less expensive homes
- Lockwood, MT: less expensive homes
- Runnemede, NJ: less expensive homes
- Rushville, IN: less expensive homes
- Rutland, MA: less expensive homes
- Salado, TX: less expensive homes
- Salamanca, NY: less expensive homes
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