The Most Affordable Neighborhoods in Two Harbors, MN by Home Value

 

Two Harbors, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Two Harbors area can be challenging. Home prices in Two Harbors are now at a median cost of $189,629, lower than the Minnesota average of $269,934.

The average cost of rent is $854/mo in Two Harbors, primarily driven by the current value of real estate in the Two Harbors area. While nearly 34.05% of residents own their homes outright in Two Harbors, 21.84% rent.

Housing affordability isn’t just about home prices, though. The average household income in Two Harbors is $5,645 per month. Households that rent pay about 15.12% of their income on rent here. Two Harbors's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.


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