Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Side Lake area can be challenging. Home prices in Side Lake are now at a median cost of $231,124, lower than the Minnesota average of $269,934.
The average cost of rent is $985/mo in Side Lake, primarily driven by the current value of real estate in the Side Lake area. While nearly 52.85% of residents own their homes outright in Side Lake, 3.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Side Lake is $5,358 per month. Households that rent pay about 18.39% of their income on rent here. Side Lake's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Lavinia, MN: less expensive homes
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- Togo, MN: less expensive homes
- Hibbing, MN: less expensive homes
- Keewatin, MN: less expensive homes
Cities with Similar Populations
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- Carpenter, AL: less expensive homes
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- Cornwall Bridge, CT: higher priced homes
- Corunna, IN: less expensive homes
- Cottekill, NY: higher priced homes
- Cushing, ME: higher priced homes
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