Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Perham area can be challenging. Home prices in Perham are now at a median cost of $226,997, lower than the Minnesota average of $269,934.
The average cost of rent is $704/mo in Perham, primarily driven by the current value of real estate in the Perham area. While nearly 43.94% of residents own their homes outright in Perham, 19.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Perham is $5,483 per month. Households that rent pay about 12.84% of their income on rent here. Perham's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Dent, MN: higher priced homes
- Ottertail, MN: higher priced homes
- New York Mills, MN: less expensive homes
- Frazee, MN: less expensive homes
- Richville, MN: higher priced homes
- Vergas, MN: higher priced homes
- Heinola, MN: higher priced homes
- Wolf Lake, MN: less expensive homes
- Hillview, MN: less expensive homes
- Bluffton, MN: less expensive homes
Cities with Similar Populations
- Schlusser, PA: less expensive homes
- Flora, MS: equally priced homes
- Florence, MT: higher priced homes
- Florence, NJ: equally priced homes
- Flourtown, PA: higher priced homes
- Folcroft, PA: less expensive homes
- Folsom, PA: equally priced homes
- Fort Wright, KY: equally priced homes
- Fox Point, WI: higher priced homes
- Frackville, PA: less expensive homes
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