Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Plato area can be challenging. Home prices in Plato are now at a median cost of $333,032, lower than the Minnesota average of $345,793.
The average cost of rent is $960/mo in Plato, primarily driven by the current value of real estate in the Plato area. In Plato, 8.03% of households rent, and 44.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Plato is $7,437 per month. Households that rent pay about 12.91% of their income on rent here. Plato’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hamburg, MN: equally priced homes
- Glencoe, MN: less expensive homes
- Young America, MN: higher priced homes
- Norwood Young America, MN: less expensive homes
- Lester Prairie, MN: less expensive homes
- Green Isle, MN: higher priced homes
- New Germany, MN: equally priced homes
- Norwood, MN: higher priced homes
- Mayer, MN: higher priced homes
- Biscay, MN: higher priced homes
Cities with Similar Populations
- Dodge, TX: less expensive homes
- Tsegi, AZ: less expensive homes
- Ehrhardt, SC: less expensive homes
- Economy, IN: less expensive homes
- East Liberty, OH: equally priced homes
- East Corinth, VT: less expensive homes
- Dufur, OR: higher priced homes
- Drumore, PA: equally priced homes
- Dorset, OH: less expensive homes
- Union Star, MO: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood