Expensive
Affordable
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These days, finding an affordable place to live in the Sylvan area can be challenging. Home prices in Sylvan are now at a median cost of $342,691, lower than the Minnesota average of $345,793.
The average cost of rent is $1,280/mo in Sylvan, primarily driven by the current value of real estate in the Sylvan area. In Sylvan, 6.30% of households rent, and 34.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sylvan is $8,417 per month. Households that rent pay about 15.21% of their income on rent here. Sylvan’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pillager, MN: less expensive homes
- East Gull Lake, MN: higher priced homes
- Baxter, MN: equally priced homes
- Crow Wing, MN: less expensive homes
- Brainerd, MN: less expensive homes
- Fort Ripley, MN: less expensive homes
- Motley, MN: less expensive homes
- Lake Shore, MN: higher priced homes
- Cushing, MN: equally priced homes
- Lake Hubert, MN: higher priced homes
Cities with Similar Populations
- Wingina, VA: less expensive homes
- Fronton, TX: less expensive homes
- Garland, NY: less expensive homes
- Geigertown, PA: higher priced homes
- Wynot, NE: less expensive homes
- Gilman City, MO: less expensive homes
- Glen Arbor, MI: higher priced homes
- Gober, GA: higher priced homes
- Gold Rock, NC: less expensive homes
- Golden Shores, AZ: less expensive homes
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