The Most Affordable Neighborhoods in Shotley, MN by Home Value

 

Shotley, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Shotley area can be challenging. Home prices in Shotley are now at a median cost of $157,929, lower than the Minnesota average of $269,934.

The average cost of rent is $516/mo in Shotley, primarily driven by the current value of real estate in the Shotley area. While nearly 61.27% of residents own their homes outright in Shotley, 10.06% rent.

Housing affordability isn’t just about home prices, though. The average household income in Shotley is $6,461 per month. Households that rent pay about 7.98% of their income on rent here. Shotley's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.


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