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Affordable
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These days, finding an affordable place to live in the Philbrook area can be challenging. Home prices in Philbrook are now at a median cost of $237,230, lower than the Minnesota average of $345,793.
The average cost of rent is $760/mo in Philbrook, primarily driven by the current value of real estate in the Philbrook area. In Philbrook, 10.24% of households rent, and 45.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Philbrook is $5,075 per month. Households that rent pay about 14.98% of their income on rent here. Philbrook’s most expensive areas are in the northern 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
- Motley, MN: equally priced homes
- Staples, MN: less expensive homes
- Lincoln, MN: higher priced homes
- Cushing, MN: higher priced homes
- Aldrich, MN: less expensive homes
- Browerville, MN: less expensive homes
- Pillager, MN: higher priced homes
- Clarissa, MN: less expensive homes
- Bertha, MN: less expensive homes
- Verndale, MN: less expensive homes
Cities with Similar Populations
- Gary City, TX: less expensive homes
- Fine Creek Mills, VA: higher priced homes
- Florence, MO: equally priced homes
- Foraker, IN: higher priced homes
- Forest Knolls, CA: higher priced homes
- Fowler, LA: higher priced homes
- Foxfield, CO: higher priced homes
- Freeman, VA: less expensive homes
- Frenchville, ME: less expensive homes
- Galva, IA: less expensive homes
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