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Affordable
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These days, finding an affordable place to live in the Rutledge area can be challenging. Home prices in Rutledge are now at a median cost of $229,983, lower than the Minnesota average of $345,793.
The average cost of rent is $1,227/mo in Rutledge, primarily driven by the current value of real estate in the Rutledge area. In Rutledge, 10.41% of households rent, and 46.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rutledge is $6,090 per month. Households that rent pay about 20.14% of their income on rent here. Rutledge’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Willow River, MN: equally priced homes
- Finlayson, MN: higher priced homes
- Askov, MN: equally priced homes
- Denham, MN: equally priced homes
- Sturgeon Lake, MN: higher priced homes
- Bruno, MN: equally priced homes
- Sandstone, MN: less expensive homes
- Giese, MN: higher priced homes
- Kerrick, MN: equally priced homes
- Friesland, MN: equally priced homes
Cities with Similar Populations
- Grants Lick, KY: higher priced homes
- Svea, MN: less expensive homes
- Sunburst, MT: less expensive homes
- Sugar Mountain, NC: higher priced homes
- Sturdivant, TX: less expensive homes
- Strickland, MS: less expensive homes
- Stoneville, MA: higher priced homes
- Stockbridge, VT: higher priced homes
- Stiles, WI: higher priced homes
- Tacoma, CO: higher priced homes
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