Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Red Lake Falls area can be challenging. Home prices in Red Lake Falls are now at a median cost of $162,784, lower than the Minnesota average of $345,793.
The average cost of rent is $522/mo in Red Lake Falls, primarily driven by the current value of real estate in the Red Lake Falls area. In Red Lake Falls, 16.43% of households rent, and 51.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Red Lake Falls is $6,012 per month. Households that rent pay about 8.68% of their income on rent here. Red Lake Falls’s most expensive areas are in the western 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
- Angus, MN: equally priced homes
- Terrebonne, MN: equally priced homes
- Wylie, MN: higher priced homes
- St. Hilaire, MN: higher priced homes
- Gentilly, MN: higher priced homes
- Plummer, MN: higher priced homes
- Brooks, MN: equally priced homes
- Crookston, MN: higher priced homes
- Mentor, MN: higher priced homes
- Thief River Falls, MN: higher priced homes
Cities with Similar Populations
- Center Ossipee, NH: higher priced homes
- Walnut, IL: less expensive homes
- St. Regis Park, KY: higher priced homes
- Donnelly, ID: higher priced homes
- Copenhagen, NY: higher priced homes
- Uintah, UT: higher priced homes
- Clark, MO: higher priced homes
- Clarendon, NC: equally priced homes
- Chappell Hill, TX: higher priced homes
- Challis, ID: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood