Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shoreham area can be challenging. Home prices in Shoreham are now at a median cost of $300,742, higher than the Minnesota average of $269,934.
The average cost of rent is $1,023/mo in Shoreham, primarily driven by the current value of real estate in the Shoreham area. While nearly 40.12% of residents own their homes outright in Shoreham, 10.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shoreham is $6,426 per month. Households that rent pay about 15.91% of their income on rent here. Shoreham's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Detroit Lakes, MN: less expensive homes
- Lake Eunice, MN: higher priced homes
- Audubon, MN: equally priced homes
- Vergas, MN: equally priced homes
- Westbury, MN: less expensive homes
- Frazee, MN: less expensive homes
- Rochert, MN: less expensive homes
- Callaway, MN: less expensive homes
- Lake Park, MN: equally priced homes
- Sioux Valley, MN: equally priced homes
Cities with Similar Populations
- West Jackson, OH: less expensive homes
- Bruno, OK: less expensive homes
- Bryant, WA: higher priced homes
- Centralia, KS: less expensive homes
- Chalfant, PA: less expensive homes
- Chester, TX: less expensive homes
- Chesterville, IL: less expensive homes
- Clearview, WA: higher priced homes
- Coburn, PA: less expensive homes
- Collins Center, NY: less expensive homes
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