Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Traverse area can be challenging. Home prices in Traverse are now at a median cost of $235,418, lower than the Minnesota average of $269,934.
The average cost of rent is $954/mo in Traverse, primarily driven by the current value of real estate in the Traverse area. While nearly 37.99% of residents own their homes outright in Traverse, 24.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Traverse is $5,663 per month. Households that rent pay about 16.84% of their income on rent here. Traverse's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- St. Peter, MN: equally priced homes
- Ottawa, MN: equally priced homes
- Oshawa, MN: higher priced homes
- Kasota, MN: higher priced homes
- Le Sueur, MN: less expensive homes
- Rush River, MN: equally priced homes
- Nicollet, MN: less expensive homes
- Cleveland, MN: equally priced homes
- Marysburg, MN: higher priced homes
- North Mankato, MN: equally priced homes
Cities with Similar Populations
- Wana, WV: equally priced homes
- Center Junction, IA: less expensive homes
- Centerville, MS: less expensive homes
- Chalybeate, PA: less expensive homes
- Champion, AL: less expensive homes
- Walcksville, PA: equally priced homes
- Wallace, NY: less expensive homes
- Walston, PA: less expensive homes
- Waltham, ME: less expensive homes
- Carthage, AR: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood