Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Soudan area can be challenging. Home prices in Soudan are now at a median cost of $144,880, lower than the Minnesota average of $269,934.
The average cost of rent is $519/mo in Soudan, primarily driven by the current value of real estate in the Soudan area. While nearly 56.49% of residents own their homes outright in Soudan, 13.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Soudan is $4,996 per month. Households that rent pay about 10.39% of their income on rent here. Soudan's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Tower, MN: higher priced homes
- Winton, MN: higher priced homes
- Embarrass, MN: less expensive homes
- Robinson, MN: higher priced homes
- Adolph, MN: less expensive homes
- Babbitt, MN: equally priced homes
- Colby, MN: less expensive homes
- Ely, MN: higher priced homes
- Idington, MN: equally priced homes
- Pineville, MN: equally priced homes
Cities with Similar Populations
- Natura, OK: equally priced homes
- Pittsboro, MS: less expensive homes
- Pine Crest, CO: higher priced homes
- Pilot View, KY: higher priced homes
- Noorvik, AK: less expensive homes
- Nine Times, SC: higher priced homes
- Newburg, CA: higher priced homes
- New Munich, MN: higher priced homes
- New Ireland, PA: equally priced homes
- New Houlka, MS: less expensive homes
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