Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Petersburg area can be challenging. Home prices in Petersburg are now at a median cost of $123,387, lower than the Minnesota average of $269,934.
The average cost of rent is $810/mo in Petersburg, primarily driven by the current value of real estate in the Petersburg area. While nearly 46.26% of residents own their homes outright in Petersburg, 14.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Petersburg is $5,807 per month. Households that rent pay about 13.95% of their income on rent here. Petersburg's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Jackson, MN: equally priced homes
- Alpha, MN: equally priced homes
- Superior, IA: higher priced homes
- Dunnell, MN: less expensive homes
- Huntington, IA: equally priced homes
- Orleans, IA: higher priced homes
- Estherville, IA: less expensive homes
- Spirit Lake, IA: higher priced homes
- Sherburn, MN: less expensive homes
- Triboji Beach, IA: higher priced homes
Cities with Similar Populations
- Hillsboro, MD: higher priced homes
- Woodbine, KS: higher priced homes
- Honey Creek, IL: higher priced homes
- Hondo, NM: higher priced homes
- Holstein, NE: higher priced homes
- Holly Springs, TN: higher priced homes
- Wooddale, WI: higher priced homes
- Woodford, VT: higher priced homes
- Woodworth, IL: equally priced homes
- Hog Mountain, GA: higher priced homes
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