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Affordable
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These days, finding an affordable place to live in the Sterling Center area can be challenging. Home prices in Sterling Center are now at a median cost of $236,480, lower than the Minnesota average of $345,793.
The average cost of rent is $763/mo in Sterling Center, primarily driven by the current value of real estate in the Sterling Center area. In Sterling Center, 15.32% of households rent, and 43.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sterling Center is $7,359 per month. Households that rent pay about 10.37% of their income on rent here. Sterling Center’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Amboy, MN: less expensive homes
- Mapleton, MN: equally priced homes
- Vernon Center, MN: less expensive homes
- Good Thunder, MN: higher priced homes
- Delavan, MN: less expensive homes
- Winnebago, MN: less expensive homes
- Garden City, MN: higher priced homes
- Willow Creek, MN: less expensive homes
- Minnesota Lake, MN: less expensive homes
- Rapidan, MN: higher priced homes
Cities with Similar Populations
- Smolan, KS: less expensive homes
- Lebanon, SC: less expensive homes
- Lefor, ND: higher priced homes
- Leftwich, TN: higher priced homes
- Leicester, VT: higher priced homes
- Leipsig, WI: higher priced homes
- Lincolnville, PA: less expensive homes
- Little Hope, TX: equally priced homes
- Siloam Springs, MO: equally priced homes
- Slick Rock, KY: less expensive homes
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