Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Potsdam area can be challenging. Home prices in Potsdam are now at a median cost of $317,471, higher than the Minnesota average of $269,934.
The average cost of rent is $802/mo in Potsdam, primarily driven by the current value of real estate in the Potsdam area. While nearly 45.84% of residents own their homes outright in Potsdam, 16.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Potsdam is $7,245 per month. Households that rent pay about 11.07% of their income on rent here. Potsdam's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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