The Most Affordable Neighborhoods in Pigeon River, MN by Home Value

 

Pigeon River, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pigeon River area can be challenging. Home prices in Pigeon River are now at a median cost of $288,000, higher than the Minnesota average of $269,934.

The average cost of rent is $703/mo in Pigeon River, primarily driven by the current value of real estate in the Pigeon River area. While nearly 48.91% of residents own their homes outright in Pigeon River, 18.81% rent.

Housing affordability isn’t just about home prices, though. The average household income in Pigeon River is $5,367 per month. Households that rent pay about 13.10% of their income on rent here. Pigeon River's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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