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These days, finding an affordable place to live in the Tokio area can be challenging. Home prices in Tokio are now at a median cost of $119,752, lower than the North Dakota average of $273,535.
The average cost of rent is $849/mo in Tokio, primarily driven by the current value of real estate in the Tokio area. In Tokio, 19.31% of households rent, and 74.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tokio is $5,387 per month. Households that rent pay about 15.76% of their income on rent here. Tokio’s most expensive areas are in the southern 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
- Warwick, ND: higher priced homes
- St. Michael, ND: equally priced homes
- Fort Totten, ND: less expensive homes
- Sheyenne, ND: higher priced homes
- Oberon, ND: less expensive homes
- Devils Lake, ND: higher priced homes
- Lakewood Park, ND: higher priced homes
- Crary, ND: higher priced homes
- Doyon, ND: higher priced homes
- Tolna, ND: higher priced homes
Cities with Similar Populations
- Coatsburg, IL: higher priced homes
- Weathersby, MS: higher priced homes
- Wascott, WI: higher priced homes
- Wanakah, NY: higher priced homes
- Walnut, KS: higher priced homes
- Wallops Island, VA: higher priced homes
- Wallace, GA: equally priced homes
- Wall, PA: less expensive homes
- Victory, TN: higher priced homes
- Cutler, IL: less expensive homes
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