
Home Price Key
These days, finding an affordable place to live in the Pratt area can be challenging. Home prices in Pratt are now at a median cost of $239,619, lower than the Minnesota average of $269,934.
The average cost of rent is $942/mo in Pratt, primarily driven by the current value of real estate in the Pratt area. While nearly 48.11% of residents own their homes outright in Pratt, 8.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pratt is $7,141 per month. Households that rent pay about 13.18% of their income on rent here. Pratt's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Havana, MN: equally priced homes
- Litomysl, MN: equally priced homes
- Steele Center, MN: equally priced homes
- Owatonna, MN: less expensive homes
- Claremont, MN: less expensive homes
- Summit, MN: equally priced homes
- Hope, MN: less expensive homes
- Merton, MN: higher priced homes
- Blooming Prairie, MN: less expensive homes
- Ellendale, MN: less expensive homes
Cities with Similar Populations
- West Sweden, WI: less expensive homes
- West Candor, NY: less expensive homes
- West Caton, NY: less expensive homes
- West Jersey, IL: less expensive homes
- West Leipsic, OH: less expensive homes
- West Middletown, PA: less expensive homes
- West Millgrove, OH: less expensive homes
- West Mount Vernon, ME: less expensive homes
- West Perry, NY: less expensive homes
- West Prairie, WI: less expensive homes
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