Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Branch area can be challenging. Home prices in South Branch are now at a median cost of $108,257, lower than the Minnesota average of $269,934.
The average cost of rent is $528/mo in South Branch, primarily driven by the current value of real estate in the South Branch area. While nearly 53.74% of residents own their homes outright in South Branch, 17.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Branch is $6,062 per month. Households that rent pay about 8.71% of their income on rent here. South Branch's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Ormsby, MN: higher priced homes
- Lewisville, MN: equally priced homes
- Truman, MN: less expensive homes
- St. James, MN: less expensive homes
- Grogan, MN: higher priced homes
- Odin, MN: higher priced homes
- Northrop, MN: higher priced homes
- Trimont, MN: equally priced homes
- Willow Creek, MN: higher priced homes
- La Salle, MN: higher priced homes
Cities with Similar Populations
- Rocky Boy, MT: higher priced homes
- Oranda, VA: higher priced homes
- Orangeville, TX: higher priced homes
- Ralphton, PA: higher priced homes
- Reagan, TX: equally priced homes
- Reamstown, PA: higher priced homes
- Republican City, NE: equally priced homes
- Rich, TN: higher priced homes
- Richville, UT: higher priced homes
- Ricketts, IA: equally priced homes
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