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These days, finding an affordable place to live in the Ponsford area can be challenging. Home prices in Ponsford are now at a median cost of $248,639, lower than the Minnesota average of $345,793.
The average cost of rent is $613/mo in Ponsford, primarily driven by the current value of real estate in the Ponsford area. In Ponsford, 23.75% of households rent, and 66.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ponsford is $4,616 per month. Households that rent pay about 13.27% of their income on rent here. Ponsford’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Osage, MN: higher priced homes
- Snellman, MN: equally priced homes
- Wolf Lake, MN: equally priced homes
- Richwood, MN: higher priced homes
- Naytahwaush, MN: less expensive homes
- Rochert, MN: higher priced homes
- Ogema, MN: less expensive homes
- Park Rapids, MN: higher priced homes
- Lake Itasca, MN: higher priced homes
- Zerkel, MN: less expensive homes
Cities with Similar Populations
- Arbala, TX: higher priced homes
- West Nottingham, NH: higher priced homes
- Wallback, WV: less expensive homes
- Barry, TX: less expensive homes
- Walkers Mill, TX: equally priced homes
- Viewtown, VA: higher priced homes
- Vanzant, MO: less expensive homes
- Alpine, TN: less expensive homes
- Allerton, IA: less expensive homes
- Alderson, OK: less expensive homes
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