Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pine Island area can be challenging. Home prices in Pine Island are now at a median cost of $259,061, lower than the Minnesota average of $269,934.
The average cost of rent is $1,282/mo in Pine Island, primarily driven by the current value of real estate in the Pine Island area. While nearly 37.40% of residents own their homes outright in Pine Island, 24.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pine Island is $7,588 per month. Households that rent pay about 16.90% of their income on rent here. Pine Island's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Zumbrota, MN: less expensive homes
- Douglas, MN: higher priced homes
- Oronoco, MN: higher priced homes
- Mazeppa, MN: higher priced homes
- Wanamingo, MN: less expensive homes
- Post Town, MN: higher priced homes
- Concord, MN: equally priced homes
- Mantorville, MN: higher priced homes
- Zumbro Falls, MN: equally priced homes
- Byron, MN: equally priced homes
Cities with Similar Populations
- Henly, TX: higher priced homes
- Dittmer, MO: less expensive homes
- Divide, CO: higher priced homes
- Dixon, MO: less expensive homes
- Donora, PA: less expensive homes
- Dover Plains, NY: less expensive homes
- Dover, TN: less expensive homes
- Dresher, PA: higher priced homes
- Durham, CA: higher priced homes
- Duryea, PA: less expensive homes
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