Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Truman area can be challenging. Home prices in Truman are now at a median cost of $95,974, lower than the Minnesota average of $269,934.
The average cost of rent is $618/mo in Truman, primarily driven by the current value of real estate in the Truman area. While nearly 44.64% of residents own their homes outright in Truman, 26.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Truman is $4,861 per month. Households that rent pay about 12.71% of their income on rent here. Truman's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Northrop, MN: higher priced homes
- Lewisville, MN: higher priced homes
- South Branch, MN: higher priced homes
- Willow Creek, MN: higher priced homes
- Granada, MN: higher priced homes
- Huntley, MN: higher priced homes
- Ormsby, MN: higher priced homes
- Fairmont, MN: higher priced homes
- Imogene, MN: higher priced homes
- Winnebago, MN: equally priced homes
Cities with Similar Populations
- Amana, IA: higher priced homes
- Zanesville, IN: higher priced homes
- Verplanck, NY: higher priced homes
- Urbandale, MI: higher priced homes
- Trout, LA: equally priced homes
- Cadwell, GA: equally priced homes
- Byron, CA: higher priced homes
- Bullock, NC: higher priced homes
- Brooklyn, MS: higher priced homes
- Bradley, ME: higher priced homes
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