Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Steele Center area can be challenging. Home prices in Steele Center are now at a median cost of $224,654, lower than the Minnesota average of $269,934.
The average cost of rent is $920/mo in Steele Center, primarily driven by the current value of real estate in the Steele Center area. While nearly 46.74% of residents own their homes outright in Steele Center, 7.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Steele Center is $7,147 per month. Households that rent pay about 12.88% of their income on rent here. Steele Center's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Litomysl, MN: equally priced homes
- Hope, MN: equally priced homes
- Pratt, MN: equally priced homes
- Owatonna, MN: less expensive homes
- Summit, MN: equally priced homes
- Havana, MN: higher priced homes
- Ellendale, MN: less expensive homes
- Meriden, MN: equally priced homes
- Vista, MN: equally priced homes
- Geneva, MN: less expensive homes
Cities with Similar Populations
- Shelby Gap, KY: less expensive homes
- Lochiel, IN: less expensive homes
- Lonepine, MT: equally priced homes
- Lookout, CA: less expensive homes
- Ludlow, MO: less expensive homes
- Lutesville, MO: less expensive homes
- Maidstone, VT: less expensive homes
- Sartinsville, MS: less expensive homes
- Sharon, NH: higher priced homes
- Sheep Ranch, CA: higher priced homes
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