The Most Affordable Neighborhoods in Swift Falls, MN by Home Value

 

Swift Falls, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Swift Falls area can be challenging. Home prices in Swift Falls are now at a median cost of $192,760, lower than the Minnesota average of $269,934.

The average cost of rent is $689/mo in Swift Falls, primarily driven by the current value of real estate in the Swift Falls area. While nearly 50.59% of residents own their homes outright in Swift Falls, 14.26% rent.

Housing affordability isn’t just about home prices, though. The average household income in Swift Falls is $6,510 per month. Households that rent pay about 10.58% of their income on rent here. Swift Falls's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.


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