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These days, finding an affordable place to live in the Pinewood area can be challenging. Home prices in Pinewood are now at a median cost of $238,290, lower than the Minnesota average of $345,793.
The average cost of rent is $1,108/mo in Pinewood, primarily driven by the current value of real estate in the Pinewood area. In Pinewood, 8.73% of households rent, and 44.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pinewood is $7,135 per month. Households that rent pay about 15.53% of their income on rent here. Pinewood’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Aure, MN: higher priced homes
- Leonard, MN: equally priced homes
- Shevlin, MN: less expensive homes
- Puposky, MN: higher priced homes
- Solway, MN: equally priced homes
- Wilton, MN: higher priced homes
- Debs, MN: higher priced homes
- Bemidji, MN: equally priced homes
- Bagley, MN: less expensive homes
- Nebish, MN: equally priced homes
Cities with Similar Populations
- Velvet Ridge, AR: less expensive homes
- DeLand, IL: less expensive homes
- Delaplain, KY: higher priced homes
- Dell City, TX: less expensive homes
- Walnut Grove, SC: higher priced homes
- Vienna, LA: higher priced homes
- Vesuvius, VA: equally priced homes
- Vesta, MN: less expensive homes
- Vermont, IN: less expensive homes
- Vera, MO: less expensive homes
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