The Most Affordable Neighborhoods in Pine Springs, MN by Home Value

 

Pine Springs, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pine Springs area can be challenging. Home prices in Pine Springs are now at a median cost of $392,633, higher than the Minnesota average of $269,934.

The average cost of rent is $1,464/mo in Pine Springs, primarily driven by the current value of real estate in the Pine Springs area. While nearly 40.69% of residents own their homes outright in Pine Springs, 12.71% rent.

Housing affordability isn’t just about home prices, though. The average household income in Pine Springs is $10,578 per month. Households that rent pay about 13.84% of their income on rent here. Pine Springs's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.


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