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These days, finding an affordable place to live in the Skyline area can be challenging. Home prices in Skyline are now at a median cost of $330,500, lower than the Minnesota average of $345,793.
The average cost of rent is $1,031/mo in Skyline, primarily driven by the current value of real estate in the Skyline area. In Skyline, 12.79% of households rent, and 48.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Skyline is $7,802 per month. Households that rent pay about 13.22% of their income on rent here. Skyline’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mankato, MN: less expensive homes
- North Mankato, MN: less expensive homes
- Rapidan, MN: equally priced homes
- Eagle Lake, MN: less expensive homes
- Good Thunder, MN: less expensive homes
- Judson, MN: less expensive homes
- Garden City, MN: less expensive homes
- St. Clair, MN: less expensive homes
- Lake Crystal, MN: less expensive homes
- Kasota, MN: equally priced homes
Cities with Similar Populations
- Packwood, IA: less expensive homes
- New Wren, MS: less expensive homes
- Newby, TX: less expensive homes
- Newport, IN: less expensive homes
- Newport, MO: less expensive homes
- North Benton, MN: equally priced homes
- North Courtland, AL: less expensive homes
- North Greenfield, OH: less expensive homes
- North Hartland, VT: higher priced homes
- North McAlester, OK: less expensive homes
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