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These days, finding an affordable place to live in the Searles area can be challenging. Home prices in Searles are now at a median cost of $221,881, lower than the Minnesota average of $345,793.
The average cost of rent is $755/mo in Searles, primarily driven by the current value of real estate in the Searles area. In Searles, 9.48% of households rent, and 47.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Searles is $6,837 per month. Households that rent pay about 11.04% of their income on rent here. Searles’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Essig, MN: higher priced homes
- Sleepy Eye, MN: less expensive homes
- Leavenworth, MN: higher priced homes
- New Ulm, MN: equally priced homes
- St. George, MN: higher priced homes
- Godahl, MN: higher priced homes
- Cobden, MN: equally priced homes
- Evan, MN: equally priced homes
- Hanska, MN: less expensive homes
- Klossner, MN: higher priced homes
Cities with Similar Populations
- Beecher City, IL: less expensive homes
- Cedar Grove, WV: less expensive homes
- Cairo, IN: higher priced homes
- Warnock, KY: less expensive homes
- Warren Plains, NC: less expensive homes
- Bobtown, PA: less expensive homes
- Benson, IL: less expensive homes
- Belspring, VA: higher priced homes
- Beaumont, VA: higher priced homes
- Bascom, FL: less expensive homes
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