Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palmers area can be challenging. Home prices in Palmers are now at a median cost of $313,736, higher than the Minnesota average of $269,934.
The average cost of rent is $1,123/mo in Palmers, primarily driven by the current value of real estate in the Palmers area. While nearly 31.83% of residents own their homes outright in Palmers, 9.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palmers is $8,551 per month. Households that rent pay about 13.14% of their income on rent here. Palmers's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Knife River, MN: less expensive homes
- French River, MN: less expensive homes
- Larsmont, MN: less expensive homes
- Two Harbors, MN: less expensive homes
- Waldo, MN: less expensive homes
- Duluth, MN: less expensive homes
- Highland, MN: less expensive homes
- Hermantown, MN: equally priced homes
- Whyte, MN: less expensive homes
- Four Corners, MN: less expensive homes
Cities with Similar Populations
- Springtown, MO: less expensive homes
- Jenners, PA: less expensive homes
- Jessenland, MN: less expensive homes
- Jupiter Inlet Colony, FL: higher priced homes
- Kanopolis, KS: less expensive homes
- Kelat, KY: less expensive homes
- King Ferry, NY: less expensive homes
- Leisure, MI: less expensive homes
- Lemon Grove, FL: less expensive homes
- Smyrna, NC: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood