Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ray area can be challenging. Home prices in Ray are now at a median cost of $228,172, higher than the North Dakota average of $223,566.
The average cost of rent is $855/mo in Ray, primarily driven by the current value of real estate in the Ray area. While nearly 51.94% of residents own their homes outright in Ray, 20.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ray is $6,372 per month. Households that rent pay about 13.41% of their income on rent here. Ray's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Wheelock, ND: higher priced homes
- Tioga, ND: less expensive homes
- Epping, ND: higher priced homes
- Springbrook, ND: higher priced homes
- White Earth, ND: equally priced homes
- Alamo, ND: equally priced homes
- Mcgregor, ND: equally priced homes
- Wildrose, ND: equally priced homes
- Corinth, ND: equally priced homes
- Williston, ND: equally priced homes
Cities with Similar Populations
- Audubon Park, NJ: less expensive homes
- Bancroft, NE: less expensive homes
- Phillipsville, PA: less expensive homes
- Nemo, TX: equally priced homes
- New Castle, NH: higher priced homes
- New Greenleaf, MI: less expensive homes
- Nimitz, WV: less expensive homes
- Nordland, WA: higher priced homes
- Northfield, KY: higher priced homes
- Nortonville, KS: less expensive homes
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