Expensive
Affordable
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These days, finding an affordable place to live in the Randolph area can be challenging. Home prices in Randolph are now at a median cost of $459,831, higher than the Minnesota average of $345,793.
The average cost of rent is $1,437/mo in Randolph, primarily driven by the current value of real estate in the Randolph area. In Randolph, 8.17% of households rent, and 30.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Randolph is $9,800 per month. Households that rent pay about 14.66% of their income on rent here. Randolph’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stanton, MN: equally priced homes
- Hampton, MN: less expensive homes
- Cannon Falls, MN: less expensive homes
- Waterford, MN: equally priced homes
- New Trier, MN: equally priced homes
- Castle Rock, MN: equally priced homes
- Dennison, MN: less expensive homes
- Northfield, MN: less expensive homes
- Vermillion, MN: less expensive homes
- Sogn, MN: less expensive homes
Cities with Similar Populations
- Harwick, PA: less expensive homes
- Loda, IL: less expensive homes
- Le Roy, MN: less expensive homes
- Albers, IL: less expensive homes
- La Harpe, IL: less expensive homes
- Knoxville, AR: less expensive homes
- Killian, LA: less expensive homes
- Isleta, NM: less expensive homes
- Huntington Bay, NY: higher priced homes
- Hebron, ME: less expensive homes
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