Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Royalton area can be challenging. Home prices in Royalton are now at a median cost of $213,720, lower than the Minnesota average of $269,934.
The average cost of rent is $759/mo in Royalton, primarily driven by the current value of real estate in the Royalton area. While nearly 38.92% of residents own their homes outright in Royalton, 20.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Royalton is $6,295 per month. Households that rent pay about 12.06% of their income on rent here. Royalton's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- North Prairie, MN: higher priced homes
- Rice, MN: equally priced homes
- Darling, MN: higher priced homes
- Bowlus, MN: equally priced homes
- Opole, MN: higher priced homes
- St. Stephen, MN: higher priced homes
- Genola, MN: higher priced homes
- Sobieski, MN: equally priced homes
- Little Falls, MN: less expensive homes
- Elmdale, MN: equally priced homes
Cities with Similar Populations
- Forest Heights, MD: higher priced homes
- New Johnsonville, TN: less expensive homes
- Stockport, OH: less expensive homes
- Tannersville, PA: less expensive homes
- Tennessee Ridge, TN: less expensive homes
- Wadley, GA: less expensive homes
- Washington Park, IL: less expensive homes
- Wellman, IA: less expensive homes
- Independence, WI: less expensive homes
- Idaho Springs, CO: higher priced homes
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