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Affordable
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These days, finding an affordable place to live in the Snellman area can be challenging. Home prices in Snellman are now at a median cost of $240,431, lower than the Minnesota average of $345,793.
The average cost of rent is $989/mo in Snellman, primarily driven by the current value of real estate in the Snellman area. In Snellman, 9.64% of households rent, and 52.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Snellman is $6,077 per month. Households that rent pay about 16.28% of their income on rent here. Snellman’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wolf Lake, MN: equally priced homes
- Osage, MN: higher priced homes
- Ponsford, MN: equally priced homes
- Rochert, MN: higher priced homes
- Frazee, MN: higher priced homes
- Midway, MN: less expensive homes
- Richwood, MN: higher priced homes
- Detroit Lakes, MN: higher priced homes
- Park Rapids, MN: higher priced homes
- Hubbard, MN: equally priced homes
Cities with Similar Populations
- Pinsonfork, KY: less expensive homes
- Oberon, ND: less expensive homes
- Patten, GA: less expensive homes
- Paul Smiths, NY: equally priced homes
- Piedmont, VA: higher priced homes
- Piermont, NH: higher priced homes
- Pilgrims Knob, VA: less expensive homes
- Pinkstaff, IL: less expensive homes
- Pinnebog, MI: less expensive homes
- Oakfield, OH: less expensive homes
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