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These days, finding an affordable place to live in the Victoria area can be challenging. Home prices in Victoria are now at a median cost of $574,220, higher than the Minnesota average of $345,793.
The average cost of rent is $1,761/mo in Victoria, primarily driven by the current value of real estate in the Victoria area. In Victoria, 5.37% of households rent, and 30.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Victoria is $16,356 per month. Households that rent pay about 10.77% of their income on rent here. Victoria’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chaska, MN: less expensive homes
- Shorewood, MN: higher priced homes
- Excelsior, MN: higher priced homes
- Chanhassen, MN: equally priced homes
- Tonka Bay, MN: higher priced homes
- Minnetrista, MN: higher priced homes
- St. Bonifacius, MN: less expensive homes
- Mound, MN: less expensive homes
- Spring Park, MN: higher priced homes
- Waconia, MN: less expensive homes
Cities with Similar Populations
- Fife, WA: equally priced homes
- Scappoose, OR: less expensive homes
- Sausalito, CA: higher priced homes
- Garden Acres, CA: less expensive homes
- Fultondale, AL: less expensive homes
- Romeo, MI: less expensive homes
- Fort Madison, IA: less expensive homes
- Forest Acres, SC: less expensive homes
- Flowood, MS: less expensive homes
- Florence, MA: less expensive homes
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