The Most Affordable Neighborhoods in Sterling Center, MN by Home Value

 

Sterling Center, MN Map of Most Affordable Neighborhoods
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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 $186,002, lower than the Minnesota average of $269,934.

The average cost of rent is $694/mo in Sterling Center, primarily driven by the current value of real estate in the Sterling Center area. While nearly 37.72% of residents own their homes outright in Sterling Center, 18.25% rent.

Housing affordability isn’t just about home prices, though. The average household income in Sterling Center is $6,216 per month. Households that rent pay about 11.17% of their income on rent here. Sterling Center's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.


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