The Most Affordable Neighborhoods in Riverside Heights, MN by Home Value

 

Riverside Heights, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Riverside Heights area can be challenging. Home prices in Riverside Heights are now at a median cost of $153,661, lower than the Minnesota average of $269,934.

The average cost of rent is $647/mo in Riverside Heights, primarily driven by the current value of real estate in the Riverside Heights area. While nearly 48.34% of residents own their homes outright in Riverside Heights, 11.43% rent.

Housing affordability isn’t just about home prices, though. The average household income in Riverside Heights is $6,184 per month. Households that rent pay about 10.47% of their income on rent here. Riverside Heights's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.


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