The Most Affordable Neighborhoods in St. Marys Point, MN by Home Value

 

St. Marys Point, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the St. Marys Point area can be challenging. Home prices in St. Marys Point are now at a median cost of $320,502, higher than the Minnesota average of $269,934.

The average cost of rent is $1,491/mo in St. Marys Point, primarily driven by the current value of real estate in the St. Marys Point area. While nearly 38.67% of residents own their homes outright in St. Marys Point, 8.67% rent.

Housing affordability isn’t just about home prices, though. The average household income in St. Marys Point is $7,718 per month. Households that rent pay about 19.32% of their income on rent here. St. Marys Point's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.


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