The Most Affordable Neighborhoods in Rushmore, MN by Home Value

 

Rushmore, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rushmore area can be challenging. Home prices in Rushmore are now at a median cost of $139,656, lower than the Minnesota average of $269,934.

The average cost of rent is $780/mo in Rushmore, primarily driven by the current value of real estate in the Rushmore area. While nearly 60.90% of residents own their homes outright in Rushmore, 16.21% rent.

Housing affordability isn’t just about home prices, though. The average household income in Rushmore is $5,019 per month. Households that rent pay about 15.55% of their income on rent here. Rushmore's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.


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