The Most Affordable Neighborhoods in Sleepy Eye, MN by Home Value

 

Sleepy Eye, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sleepy Eye area can be challenging. Home prices in Sleepy Eye are now at a median cost of $132,810, lower than the Minnesota average of $269,934.

The average cost of rent is $633/mo in Sleepy Eye, primarily driven by the current value of real estate in the Sleepy Eye area. While nearly 47.01% of residents own their homes outright in Sleepy Eye, 15.20% rent.

Housing affordability isn’t just about home prices, though. The average household income in Sleepy Eye is $5,511 per month. Households that rent pay about 11.49% of their income on rent here. Sleepy Eye's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.


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