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These days, finding an affordable place to live in the Pine City area can be challenging. Home prices in Pine City are now at a median cost of $241,781, lower than the Minnesota average of $345,793.
The average cost of rent is $1,054/mo in Pine City, primarily driven by the current value of real estate in the Pine City area. In Pine City, 23.86% of households rent, and 42.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pine City is $5,788 per month. Households that rent pay about 18.21% of their income on rent here. Pine City’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rock Creek, MN: higher priced homes
- Beroun, MN: equally priced homes
- Henriette, MN: equally priced homes
- Grasston, MN: equally priced homes
- Rush City, MN: higher priced homes
- Brook Park, MN: equally priced homes
- Hinckley, MN: equally priced homes
- Braham, MN: equally priced homes
- Quamba, MN: equally priced homes
- Grantsburg, WI: less expensive homes
Cities with Similar Populations
- Talking Rock, GA: higher priced homes
- Sturbridge, MA: higher priced homes
- Sullivan City, TX: less expensive homes
- Sullivan, IL: less expensive homes
- Summerland Key, FL: higher priced homes
- Summersville, WV: less expensive homes
- Swanton, VT: higher priced homes
- Sweeny, TX: less expensive homes
- Tabor City, NC: less expensive homes
- Street, MD: higher priced homes
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