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These days, finding an affordable place to live in the Strout area can be challenging. Home prices in Strout are now at a median cost of $292,585, lower than the Minnesota average of $345,793.
The average cost of rent is $1,078/mo in Strout, primarily driven by the current value of real estate in the Strout area. In Strout, 11.11% of households rent, and 43.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Strout is $7,043 per month. Households that rent pay about 15.30% of their income on rent here. Strout’s most expensive areas are in the eastern 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
- Greenleaf, MN: higher priced homes
- Litchfield, MN: less expensive homes
- Cedar Mills, MN: less expensive homes
- Cosmos, MN: less expensive homes
- Darwin, MN: higher priced homes
- Manannah, MN: equally priced homes
- Grove City, MN: less expensive homes
- Atwater, MN: less expensive homes
- Jennie, MN: higher priced homes
- Dassel, MN: equally priced homes
Cities with Similar Populations
- Royal, IA: less expensive homes
- Kappa, IL: less expensive homes
- Kay Bee Heights, TX: less expensive homes
- Kedron, LA: less expensive homes
- Kenwood, OK: less expensive homes
- Ketchums Corner, NY: higher priced homes
- Kingdom City, MO: less expensive homes
- Kingsland, AR: less expensive homes
- Kingstown, NC: less expensive homes
- Knightsville, IN: less expensive homes
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