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These days, finding an affordable place to live in the Swan River area can be challenging. Home prices in Swan River are now at a median cost of $241,547, lower than the Minnesota average of $345,793.
The average cost of rent is $1,461/mo in Swan River, primarily driven by the current value of real estate in the Swan River area. In Swan River, 3.00% of households rent, and 48.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Swan River is $5,477 per month. Households that rent pay about 26.67% of their income on rent here. Swan River’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Warba, MN: equally priced homes
- Jacobson, MN: higher priced homes
- Goodland, MN: equally priced homes
- Wawina, MN: less expensive homes
- Silica, MN: equally priced homes
- Pengilly, MN: equally priced homes
- La Prairie, MN: equally priced homes
- Grand Rapids, MN: equally priced homes
- Coleraine, MN: less expensive homes
- Marble, MN: less expensive homes
Cities with Similar Populations
- Hobbs, MD: higher priced homes
- Herndon, IA: less expensive homes
- Herring, WV: less expensive homes
- Hiattville, KS: less expensive homes
- Hickory Flat, VA: less expensive homes
- Hickory Grove, TN: less expensive homes
- Hicksville, VA: equally priced homes
- Hiett, OH: less expensive homes
- Hillsborough, NH: higher priced homes
- Hiram, KY: less expensive homes
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