Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Traverse County area can be challenging. Home prices in Traverse County are now at a median cost of $132,024, lower than the Minnesota average of $345,793.
The average cost of rent is $707/mo in Traverse County, primarily driven by the current value of real estate in the Traverse County area. In Traverse County, 18.15% of households rent, and 59.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Traverse County is $5,689 per month. Households that rent pay about 12.43% of their income on rent here. Traverse County’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Roberts County, SD: higher priced homes
- Marshall County, SD: higher priced homes
- Pope County, MN: higher priced homes
- Benton County, MN: higher priced homes
- McPherson County, SD: less expensive homes
- Mille Lacs County, MN: higher priced homes
- Kanabec County, MN: higher priced homes
- Campbell County, SD: less expensive homes
- Burnett County, WI: higher priced homes
- Corson County, SD: less expensive homes
Counties with Similar Populations
- Pickett County, TN: higher priced homes
- Love County, OK: higher priced homes
- Loving County, TX: higher priced homes
- Lowndes County, AL: less expensive homes
- Lucas County, IA: equally priced homes
- Luce County, MI: less expensive homes
- Lunenburg County, VA: higher priced homes
- Pershing County, NV: higher priced homes
- Petroleum County, MT: higher priced homes
- Phelps County, NE: higher priced homes
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