Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shafer area can be challenging. Home prices in Shafer are now at a median cost of $275,375, higher than the Minnesota average of $269,934.
The average cost of rent is $1,003/mo in Shafer, primarily driven by the current value of real estate in the Shafer area. While nearly 26.88% of residents own their homes outright in Shafer, 8.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shafer is $8,051 per month. Households that rent pay about 12.45% of their income on rent here. Shafer's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Taylors Falls, MN: less expensive homes
- Lindstrom, MN: equally priced homes
- Center City, MN: equally priced homes
- Dresser, WI: less expensive homes
- Osceola, WI: less expensive homes
- Chisago City, MN: equally priced homes
- St. Croix Falls, WI: less expensive homes
- Nye, WI: less expensive homes
- Sand Lake, WI: less expensive homes
- Scandia, MN: higher priced homes
Cities with Similar Populations
- Beach City, OH: less expensive homes
- Westfield, PA: less expensive homes
- Carrington, ND: less expensive homes
- Wellsville, PA: less expensive homes
- Warren, IN: less expensive homes
- Dubach, LA: less expensive homes
- Twin Peaks, CA: higher priced homes
- Otis, OR: less expensive homes
- Plantersville, MS: less expensive homes
- Playa Cortada, PR: less expensive homes
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