Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the St. Thomas area can be challenging. Home prices in St. Thomas are now at a median cost of $304,924, higher than the Minnesota average of $269,934.
The average cost of rent is $1,233/mo in St. Thomas, primarily driven by the current value of real estate in the St. Thomas area. While nearly 32.02% of residents own their homes outright in St. Thomas, 16.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in St. Thomas is $6,850 per month. Households that rent pay about 18.01% of their income on rent here. St. Thomas's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Le Sueur, MN: less expensive homes
- Jessenland, MN: less expensive homes
- Union Hill, MN: higher priced homes
- Henderson, MN: less expensive homes
- Heidelberg, MN: equally priced homes
- Le Center, MN: less expensive homes
- Belle Plaine, MN: less expensive homes
- Blakeley, MN: higher priced homes
- St. Patrick, MN: equally priced homes
- Montgomery, MN: less expensive homes
Cities with Similar Populations
- Kelayres, PA: less expensive homes
- Longtown, TN: less expensive homes
- Loco, OK: less expensive homes
- Little Pine, MN: less expensive homes
- Lee Vining, CA: less expensive homes
- Lakewood Township, IL: less expensive homes
- Lake Poinsett, SD: less expensive homes
- Lake Huntington, NY: less expensive homes
- La Grange, WY: less expensive homes
- Koonsville, PA: less expensive homes
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