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These days, finding an affordable place to live in the Stanchfield area can be challenging. Home prices in Stanchfield are now at a median cost of $363,557, higher than the Minnesota average of $345,793.
The average cost of rent is $1,339/mo in Stanchfield, primarily driven by the current value of real estate in the Stanchfield area. In Stanchfield, 7.57% of households rent, and 35.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stanchfield is $8,342 per month. Households that rent pay about 16.06% of their income on rent here. Stanchfield’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Grandy, MN: equally priced homes
- Braham, MN: less expensive homes
- Cambridge, MN: less expensive homes
- Stark, MN: equally priced homes
- Edgewood, MN: less expensive homes
- Walbo, MN: equally priced homes
- Day, MN: less expensive homes
- Bodum, MN: less expensive homes
- Harris, MN: equally priced homes
- Rush City, MN: less expensive homes
Cities with Similar Populations
- Big Beaver, PA: less expensive homes
- Blue Mounds, WI: higher priced homes
- Medley, FL: equally priced homes
- Haddam, CT: equally priced homes
- Halifax, NC: less expensive homes
- Hamlin, TX: less expensive homes
- Hamlin, WV: less expensive homes
- Hammond, OR: higher priced homes
- Hemby Bridge, NC: equally priced homes
- Homerville, OH: less expensive homes
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