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Affordable
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These days, finding an affordable place to live in the Prinsburg area can be challenging. Home prices in Prinsburg are now at a median cost of $211,065, lower than the Minnesota average of $345,793.
The average cost of rent is $967/mo in Prinsburg, primarily driven by the current value of real estate in the Prinsburg area. In Prinsburg, 16.44% of households rent, and 47.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Prinsburg is $8,288 per month. Households that rent pay about 11.67% of their income on rent here. Prinsburg’s most expensive areas are in the southern 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
- Roseland, MN: equally priced homes
- Raymond, MN: equally priced homes
- Blomkest, MN: less expensive homes
- Clara City, MN: less expensive homes
- Renville, MN: less expensive homes
- Svea, MN: less expensive homes
- Danube, MN: equally priced homes
- Sacred Heart, MN: less expensive homes
- Maynard, MN: less expensive homes
- Olivia, MN: less expensive homes
Cities with Similar Populations
- Alba, MO: less expensive homes
- Wind River, WY: less expensive homes
- Woden, TX: less expensive homes
- Wolfton, SC: less expensive homes
- Yukon, PA: equally priced homes
- Berville, MI: higher priced homes
- Belton, KY: less expensive homes
- Baskin, LA: less expensive homes
- Barberville, FL: higher priced homes
- Ballico, CA: higher priced homes
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