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These days, finding an affordable place to live in the Powers Lake area can be challenging. Home prices in Powers Lake are now at a median cost of $243,276, lower than the North Dakota average of $273,535.
The average cost of rent is $932/mo in Powers Lake, primarily driven by the current value of real estate in the Powers Lake area. In Powers Lake, 23.94% of households rent, and 77.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Powers Lake is $7,718 per month. Households that rent pay about 12.07% of their income on rent here. Powers Lake’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lunds Valley, ND: higher priced homes
- Mcgregor, ND: less expensive homes
- Lostwood, ND: equally priced homes
- Tioga, ND: less expensive homes
- White Earth, ND: higher priced homes
- Coteau, ND: less expensive homes
- Lignite, ND: less expensive homes
- Ross, ND: higher priced homes
- Wildrose, ND: less expensive homes
- Niobe, ND: less expensive homes
Cities with Similar Populations
- Oak Ridge, LA: less expensive homes
- Randlett, OK: less expensive homes
- Raleigh, IL: less expensive homes
- Quenemo, KS: less expensive homes
- Purley, TX: higher priced homes
- Postville, WI: higher priced homes
- Olcott, NY: less expensive homes
- Oaks, OK: less expensive homes
- Oakhurst, SC: less expensive homes
- Oakfield, GA: less expensive homes
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