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 $416,231, higher than the Minnesota average of $345,793.

The average cost of rent is $1,387/mo in St. Marys Point, primarily driven by the current value of real estate in the St. Marys Point area. In St. Marys Point, 3.98% of households rent, and 42.17% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in St. Marys Point is $8,966 per month. Households that rent pay about 15.47% of their income on rent here. St. Marys Point’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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