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These days, finding an affordable place to live in the Pennington County area can be challenging. Home prices in Pennington County are now at a median cost of $202,838, lower than the Minnesota average of $345,793.
The average cost of rent is $911/mo in Pennington County, primarily driven by the current value of real estate in the Pennington County area. In Pennington County, 27.84% of households rent, and 41.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pennington County is $6,868 per month. Households that rent pay about 13.27% of their income on rent here. Pennington County’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Red Lake County, MN: less expensive homes
- Marshall County, MN: less expensive homes
- Polk County, MN: higher priced homes
- Grand Forks County, ND: higher priced homes
- Walsh County, ND: less expensive homes
- Nelson County, ND: less expensive homes
- Ramsey County, ND: equally priced homes
- Koochiching County, MN: less expensive homes
- Eddy County, ND: less expensive homes
- Benson County, ND: less expensive homes
Counties with Similar Populations
- Renville County, MN: less expensive homes
- Jefferson County, NE: less expensive homes
- Jefferson County, OK: less expensive homes
- Jefferson Davis County, MS: less expensive homes
- Jenkins County, GA: less expensive homes
- Jersey County, IL: less expensive homes
- Jim Hogg County, TX: less expensive homes
- Jo Daviess County, IL: equally priced homes
- Johnson County, KY: less expensive homes
- Red River County, TX: less expensive homes
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