Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Terrebonne area can be challenging. Home prices in Terrebonne are now at a median cost of $169,645, lower than the Minnesota average of $345,793.
The average cost of rent is $538/mo in Terrebonne, primarily driven by the current value of real estate in the Terrebonne area. In Terrebonne, 12.22% of households rent, and 54.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Terrebonne is $6,625 per month. Households that rent pay about 8.12% of their income on rent here. Terrebonne’s most expensive areas are in the northeastern 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
- Red Lake Falls, MN: equally priced homes
- Brooks, MN: less expensive homes
- Plummer, MN: higher priced homes
- Angus, MN: equally priced homes
- Mentor, MN: higher priced homes
- St. Hilaire, MN: higher priced homes
- Erskine, MN: higher priced homes
- Oklee, MN: equally priced homes
- Wylie, MN: higher priced homes
- Gentilly, MN: higher priced homes
Cities with Similar Populations
- Fleming, KS: equally priced homes
- Tyre, MI: less expensive homes
- Twodot, MT: equally priced homes
- Tow, TX: higher priced homes
- Fort McDermitt, NV: higher priced homes
- Fort McAllister, GA: higher priced homes
- Forest City, SD: less expensive homes
- Folk, MO: higher priced homes
- Floyd, AR: higher priced homes
- Flowerdale, MS: higher priced homes
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