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These days, finding an affordable place to live in the Thief River Falls area can be challenging. Home prices in Thief River Falls are now at a median cost of $198,583, lower than the Minnesota average of $345,793.
The average cost of rent is $871/mo in Thief River Falls, primarily driven by the current value of real estate in the Thief River Falls area. In Thief River Falls, 29.94% of households rent, and 39.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thief River Falls is $6,711 per month. Households that rent pay about 12.98% of their income on rent here. Thief River Falls’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
- St. Hilaire, MN: higher priced homes
- Wylie, MN: equally priced homes
- Holt, MN: less expensive homes
- Viking, MN: higher priced homes
- Plummer, MN: equally priced homes
- Newfolden, MN: less expensive homes
- Red Lake Falls, MN: less expensive homes
- Goodridge, MN: equally priced homes
- High Landing, MN: higher priced homes
- Terrebonne, MN: less expensive homes
Cities with Similar Populations
- Litchfield, NH: higher priced homes
- Rockwood, MI: higher priced homes
- Rockwell, NC: higher priced homes
- Rockton, IL: higher priced homes
- Rock Falls, IL: less expensive homes
- Accokeek, MD: higher priced homes
- Mabelvale, AR: less expensive homes
- Mabank, TX: higher priced homes
- Lumberton, NJ: higher priced homes
- Loudon, TN: higher priced homes
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