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Affordable
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These days, finding an affordable place to live in the Regal area can be challenging. Home prices in Regal are now at a median cost of $277,993, lower than the Minnesota average of $345,793.
The average cost of rent is $872/mo in Regal, primarily driven by the current value of real estate in the Regal area. In Regal, 15.45% of households rent, and 39.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Regal is $7,372 per month. Households that rent pay about 11.82% of their income on rent here. Regal’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Paynesville, MN: equally priced homes
- Hawick, MN: higher priced homes
- Roscoe, MN: higher priced homes
- New London, MN: higher priced homes
- Georgeville, MN: equally priced homes
- Spring Hill, MN: less expensive homes
- St. Martin, MN: higher priced homes
- Belgrade, MN: less expensive homes
- Eden Valley, MN: less expensive homes
- Spicer, MN: higher priced homes
Cities with Similar Populations
- Savonburg, KS: less expensive homes
- Rockhill Furnace, PA: less expensive homes
- Rockville, MO: less expensive homes
- Rockville, NY: less expensive homes
- Roper, GA: less expensive homes
- Ruth, NV: less expensive homes
- Sapps, AL: less expensive homes
- Saratoga, AR: less expensive homes
- Sardine, AL: less expensive homes
- Sargeant, MN: equally priced homes
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