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These days, finding an affordable place to live in the Tracy area can be challenging. Home prices in Tracy are now at a median cost of $134,287, lower than the Minnesota average of $345,793.
The average cost of rent is $771/mo in Tracy, primarily driven by the current value of real estate in the Tracy area. In Tracy, 18.99% of households rent, and 63.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tracy is $5,704 per month. Households that rent pay about 13.52% of their income on rent here. Tracy’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Walnut Grove, MN: equally priced homes
- Garvin, MN: higher priced homes
- Amiret, MN: higher priced homes
- Currie, MN: higher priced homes
- Dovray, MN: higher priced homes
- Balaton, MN: higher priced homes
- Revere, MN: less expensive homes
- Milroy, MN: higher priced homes
- Lucan, MN: higher priced homes
- Westbrook, MN: equally priced homes
Cities with Similar Populations
- Colwyn, PA: equally priced homes
- Greenfield, IA: equally priced homes
- Roanoke, IL: higher priced homes
- Maple Park, IL: higher priced homes
- Millport, AL: less expensive homes
- Ashley, OH: higher priced homes
- Morristown, AZ: higher priced homes
- Morristown, IN: higher priced homes
- Muenster, TX: higher priced homes
- New Castle, VA: higher priced homes
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