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These days, finding an affordable place to live in the Urbank area can be challenging. Home prices in Urbank are now at a median cost of $330,542, lower than the Minnesota average of $345,793.
The average cost of rent is $1,053/mo in Urbank, primarily driven by the current value of real estate in the Urbank area. In Urbank, 8.17% of households rent, and 51.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Urbank is $7,423 per month. Households that rent pay about 14.19% of their income on rent here. Urbank’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Millerville, MN: less expensive homes
- Leaf Valley, MN: higher priced homes
- Vining, MN: equally priced homes
- Parkers Prairie, MN: less expensive homes
- Clitherall, MN: equally priced homes
- Melby, MN: equally priced homes
- Henning, MN: less expensive homes
- Evansville, MN: less expensive homes
- Miltona, MN: higher priced homes
- Brandon, MN: less expensive homes
Cities with Similar Populations
- Pinnebog, MI: less expensive homes
- Parkman, ME: less expensive homes
- Perry, IL: less expensive homes
- Peru, NC: less expensive homes
- Petrolia, CA: higher priced homes
- Petros, KY: less expensive homes
- Petway, TN: equally priced homes
- Phoenix, SC: less expensive homes
- Pickerel, WI: less expensive homes
- Pike, OR: higher priced homes
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