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These days, finding an affordable place to live in the Rassat area can be challenging. Home prices in Rassat are now at a median cost of $443,462, higher than the Minnesota average of $345,793.
The average cost of rent is $1,258/mo in Rassat, primarily driven by the current value of real estate in the Rassat area. In Rassat, 5.69% of households rent, and 38.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rassat is $10,137 per month. Households that rent pay about 12.42% of their income on rent here. Rassat’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Waverly, MN: less expensive homes
- Montrose, MN: less expensive homes
- Buffalo, MN: less expensive homes
- Howard Lake, MN: less expensive homes
- Maple Lake, MN: less expensive homes
- West Albion, MN: less expensive homes
- Annandale, MN: less expensive homes
- Cokato, MN: less expensive homes
- French Lake, MN: equally priced homes
- Silver Creek, MN: equally priced homes
Cities with Similar Populations
- Naruna, TX: less expensive homes
- Ribera, NM: less expensive homes
- Rhodelia, KY: less expensive homes
- Reserve, NM: less expensive homes
- Reistville, PA: less expensive homes
- Reeman, MI: less expensive homes
- Rebie, GA: less expensive homes
- Quantico, VA: less expensive homes
- Newell, PA: less expensive homes
- New Hope, GA: less expensive homes
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