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These days, finding an affordable place to live in the Riverton area can be challenging. Home prices in Riverton are now at a median cost of $294,659, lower than the Minnesota average of $345,793.
The average cost of rent is $1,254/mo in Riverton, primarily driven by the current value of real estate in the Riverton area. In Riverton, 7.56% of households rent, and 46.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riverton is $6,969 per month. Households that rent pay about 17.99% of their income on rent here. Riverton’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lake Hubert, MN: higher priced homes
- Merrifield, MN: higher priced homes
- Ironton, MN: less expensive homes
- Trommald, MN: less expensive homes
- Brainerd, MN: less expensive homes
- Crosby, MN: less expensive homes
- Crosby Beach, MN: higher priced homes
- Baxter, MN: equally priced homes
- Nisswa, MN: higher priced homes
- Deerwood, MN: higher priced homes
Cities with Similar Populations
- Jackson, ID: higher priced homes
- Silver Grove, KY: less expensive homes
- Sherwood Shores, TX: less expensive homes
- Seymour, IA: less expensive homes
- Semora, NC: higher priced homes
- Scriba Center, NY: less expensive homes
- Scotrun, PA: equally priced homes
- San Pierre, IN: less expensive homes
- Salmon, TX: less expensive homes
- Ryan, IA: less expensive homes
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