Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Trail area can be challenging. Home prices in Trail are now at a median cost of $194,154, lower than the Minnesota average of $345,793.
The average cost of rent is $1,069/mo in Trail, primarily driven by the current value of real estate in the Trail area. In Trail, 15.55% of households rent, and 57.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Trail is $5,455 per month. Households that rent pay about 19.61% of their income on rent here. Trail’s most expensive areas are in the northwestern 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
- Gully, MN: higher priced homes
- Oklee, MN: less expensive homes
- Olga, MN: higher priced homes
- Gonvick, MN: higher priced homes
- Brooks, MN: less expensive homes
- Mcintosh, MN: less expensive homes
- High Landing, MN: higher priced homes
- Clearbrook, MN: equally priced homes
- Fosston, MN: less expensive homes
- Plummer, MN: equally priced homes
Cities with Similar Populations
- Cades, TN: less expensive homes
- Wastedo, MN: higher priced homes
- Walden, OR: higher priced homes
- Chamberlin, LA: higher priced homes
- Cedron, OH: less expensive homes
- Cayuga, MS: less expensive homes
- Caylor, VA: less expensive homes
- Cassoday, KS: less expensive homes
- Cary, KY: less expensive homes
- Capon Springs, WV: less expensive homes
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