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Affordable
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These days, finding an affordable place to live in the Perley area can be challenging. Home prices in Perley are now at a median cost of $159,638, lower than the Minnesota average of $345,793.
The average cost of rent is $877/mo in Perley, primarily driven by the current value of real estate in the Perley area. In Perley, 11.95% of households rent, and 49.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Perley is $6,523 per month. Households that rent pay about 13.44% of their income on rent here. Perley’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hendrum, MN: equally priced homes
- Georgetown, MN: higher priced homes
- Gardner, ND: higher priced homes
- Grandin, ND: higher priced homes
- Halstad, MN: less expensive homes
- Argusville, ND: higher priced homes
- Borup, MN: equally priced homes
- Felton, MN: higher priced homes
- Ada, MN: less expensive homes
- North River, ND: higher priced homes
Cities with Similar Populations
- Stewartstown Hollow, NH: higher priced homes
- Hubbard Junction, VA: less expensive homes
- Huntersland, NY: higher priced homes
- Huntington, IA: equally priced homes
- Hutton, MD: higher priced homes
- Ironton, WI: higher priced homes
- Steinauer, NE: less expensive homes
- Stella, NE: less expensive homes
- Stelvideo, OH: higher priced homes
- Howe, NE: higher priced homes
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